Price Reduction - Eco Friendly
Address
1608 Welch Street, Unit 14 Houston, TX
Price
$ 2,200,000
Property Attributes
  • MLS#82461656
  • TypeMulti-Family
  • CountyHARRIS
  • CityHouston
  • Area16
  • NeighborhoodLamar Add
  • Zip77006
  • StyleMulti-Family
  • Year Built1965
  • Taxes21653
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10200
  • Lot Size10,000 SqFt
Listing Provided Courtesy Of:
Prime Realty Group
Property Description

The subject property is a 14-unit apartment complex in the Hyde Park community of Montrose. The complex is comprised of 2 buildings with (8) 1bed units in the rear building and (6) 2bed,2story units in the front building. Property to be sold with approved cover up inspections and the buyer will complete the renovations to include sheetrock, paint, cabinets, counters, etc. Every unit is designed to have its own washer/dryer, dishwasher, and central air. Major exterior improvements already completed include: New roof, Hardie siding, sewer lines, and windows. Major interior improvements already completed include: 30%-40% of all framing has been replaced, 100% new electrical wiring, 100% new plumbing, new water heaters, replaced window a/c units with individual central a/c in every apartment, and other improvements to meet current code requirements for framing, wind, fire, and insulation. Remaining renovations to completion are estimated at $180k-$200k. See attached PDF for breakdown.

Elementary School Middle School High School
Woodrow Wilson Montessori Elementary School Lanier Middle School Lamar High School (Houston)
Price History
6/7/2018 Listed $2,400,000
6/13/2018 9% - $2,200,000

General Features

Energy Energy Star/Reflective Roof, High-Efficiency HVAC, Insulated/Low-E windows, Insulation - Batt
Finance Available Cash Sale, Conventional, Investor
Geo Market Area Montrose
Misc Features Washer/Dryer Connections
Property Sub Type 5 Plus
School District 27 - Houston
Stories 2
Subdivision Lamar Add
Subdivision HYDE PARK
Unit Number 14

Interior Features

Cool System Central Electric
Floors Tile
Unit Count 2
Utilities Cable, Electric, Gas, Water

Exterior Features

Lot Size 10000
Parking Description Paved Area
Parking Unit One
Roof Built Up
Siding Cement Board

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 77006

Price
AVG $890K
$2.2M
Taxes
AVG $13,553
$21,653
Visits
AVG 29
58
Year Built
AVG 1939
1965
Walkscore
AVG 76
78

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