TX > Houston > Montlew Place
Houston, TX 77098,1849 W Main ST #15
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Houston, TX 77098,1849 W Main ST #15
Houston, TX 77098,1849 W Main ST #15
Houston, TX 77098,1849 W Main ST #15
Houston, TX 77098,1849 W Main ST #15
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Jodee Kruse

Jodee Kruse

+1(281) 253-8357
$ 2,640,000
Est. payment /mo
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1849 W Main ST #15 Houston, TX 77098

10,100 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,100 sqft

Price per Sqft $261

Subdivision Montlew Place

MLS Listing ID 70116432

HOA Fees $1/mo

HOA Y/N No

Year Built 1940

Property Sub-Type Multi Family

Property Description

Well-maintained 15-unit apartment complex on a valuable corner lot in a rapidly improving neighborhood, offering strong current income and long-term upside. The property includes two 4-plex buildings (1940) and a 7-unit garden-style building (1962), with a total of 10,800 SF and an average of 720 SF per unit. Amenities include on-site laundry, three garage units, two storage rooms, and ample parking. All units feature central AC; the front buildings have been repiped with PEX plumbing and individual shut-offs. Recent improvements include new roofs (2020), electrical upgrades (2021), resurfaced parking lot (2021), multiple HVAC replacements, new commercial laundry units, updated kitchens in two units, and several new water heaters. Certificate of Occupancy was renewed in 2021. With over $100K in recent capital improvements, steady tenant demand, and prime location, this turnkey investment provides immediate cash flow and future growth potential.

Location

State TX

County Harris

Area Montrose

Interior

Interior Features Butcher Block Counters, Ceiling Fan(s)

Heating Central, Gas

Cooling Central Air, Electric

Flooring Tile, Wood

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Carport, Garage, Garage Door Opener

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Composition

Building

Lot Description Subdivision

Faces North

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Schools

Elementary Schools Poe Elementary School

Middle Schools Lanier Middle School

High Schools Lamar High School (Houston)

School District 27 - Houston

Others

HOA Fee Include Gas,Sewer,Trash,Water

Tax ID 038-224-000-0001

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Houston Realtors Information Service / HAR MLS
Listed by Boulevard Realty Amanda Smith
Jodee Kruse

Jodee Kruse

Broker

+1(281) 253-8357

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1849 W Main ST #15