$900,000
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516 W Gray ST Houston, TX 77019
1 Bed
1 Bath
2,540 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,540 sqft
Price per Sqft $348
Subdivision Alden Place
MLS Listing ID 17271894
Sold Date 05/02/24
Bedrooms 1
Full Baths 1
Year Built 1932
Annual Tax Amount $13,840
Tax Year 2023
Lot Size 5,000 Sqft
Property Description
Discover the charm and modern updates of this historic 4-plex, nestled in the prestigious Montrose community off W. Gray. Recent upgrades elevate the property's appeal, including new PEX lines, foundation stabilization, and contemporary interior enhancements such as new refrigerators, countertops, shelves, dishwashers, faucets, cabinets, and a fresh coat of paint. Comfort and convenience are further enhanced with in-unit washer/dryers, dimmable modern dining room lights, new stoves and ovens, water-saving toilets, updated bathroom floors and tiles, tubs, showers. The property also features hardwood floors, and is entirely electric, catering to eco-conscious tenants. Each apartment comes with a parking spot in a gated backyard. Located in an area recognized for its walkability and proximity to downtown, this property is an outstanding opportunity for investors seeking to add value to a versatile and well-positioned asset that can be used as Airbnb.
No HOA & No Flooding Zone.
Location
State TX
County Harris
Area Montrose
Interior
Heating Central Electric
Cooling Central Electric
Exterior
Utilities Available Cable, Electric, Gas, Water
Roof Type Composition
Parking Type Automatic Driveway Gate, Off Site Parking, Paved Area
Building
Story 2
Unit Features Furnished
New Construction No
Schools
Elementary Schools William Wharton K-8 Dual Language Academy
Middle Schools Gregory-Lincoln Middle School
High Schools Lamar High School (Houston)
School District 27 - Houston
Others
Senior Community No
Restrictions Unknown
Tax ID 057-036-000-0033
Acceptable Financing Cash Sale, Conventional, Investor, VA
Tax Rate 2.0148
Disclosures No Disclosures
Listing Terms Cash Sale, Conventional, Investor, VA
Financing Cash Sale,Conventional,Investor,VA
Special Listing Condition No Disclosures
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Bought with Premier Compass Realty