Located in Montrose’s historic Westmoreland neighborhood, this 8-unit Jacobean-Revival apartment complex is a prime investment opportunity near downtown, the Medical Center, and Rice University. The fully occupied property features eight updated 1-bedroom units with original hardwood floors, charming windows, and cozy seating areas, complemented by recent upgrades including a full re-pipe, instant water heaters, foundation repair, a 3-year-old roof, and AC units 5 years or newer. With controlled access, parking for 10+ cars, ample storage, roof access, separate meters, and tenant-paid utilities, this low-maintenance gem offers strong cash flow potential. Contact for details or to schedule a tour. Measurements are approximate.
Lease Term
12 months7,708 Sq Ft
0.2152 Private Acres Lot Size
investment
$2,218 Monthly Tax
Built in 1926
MLS/Listing ID 75327278
2 Stories
2 Units
Natural Wood
Cooling - Ceiling Fans
Cooling - Electric
Construction - Brick
Construction - Wood Siding
Dishwasher
Microwave
Refrigerator
Water Heater
Stair Lift
Composition
Parking - 1 Space
Washer and Dryer Hookup
Central Laundry
Attic Vents
Construction - Insulation - Blown Cellulose
Handicapped Additions
Accessible Hallway(s)
Accessible Common Area
Parking - Paved
Heating - Natural Gas
Hardwood
Tile
TOTAL MONTHLY COST
$0
$0
$0