1849 Richmond Avenue, Houston, Texas 77098

$1,928,888
8,206
SqFt
List Price
$1,928,888
Status
PENDING
MLS#
12527164
Days on Market
27
Year Built
1959
Living Area
8,206
Lot Size
8,403
Lot Size Source
Appraisal District
Subdivision
Richmond Place
Region
16
Market Area
Montrose
County
Harris

Property Description

Nestled in the heart of Montrose, this property contains 16 apartments [8 one bedroom units and 8 studios]. Situated minutes from Houston's Downtown and Galleria areas. Residents enjoy easy access to upscale dining, shopping, and cultural attractions. The exact placement of the subject property on Richmond Avenue allows for a multitude of possibilities for future exit strategies or for the facilitation of a covered land play. 7 leases are month to month. The remainder of the leases end in less than one year. Water and gas are master metered. Tenants pay for their own individual electricity usage. Recent renovations were conducted in 2017. Contact listing agent for additional information and for all supporting documentation including a property condition assessment report.

Additional Information

Finance Available
Cash Sale, Conventional, Investor, Other, Owner Financing
Taxes
$28,829
Tax Rate
2.014811
Tax Year
2023
Heating
Window Unit
Cooling
Window Units
Floor
Tile, Vinyl Plank
Stories
2
Utilities
Electric, Gas, Water
Exterior
Brick, Other, Wood
Roof
Built Up
Sqft Source
Appraisal District
Energy
Ceiling Fans
School District
Houston
Elementary School
Poe Elementary School
Middle School
Lanier Middle School
High School
Lamar High School (Houston)
Legal
TRS 2 & 3A BLK 2 RICHMOND PLACE
Section Number
0

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty LLC.