1220 W Gray St - Apartments FOR SALE


Houston, TX 77019- Montrose
$1,099,950 USD
713-303-9048
1220 W Gray St, Houston, TX for Sale
$1,099,950 USD
Apartments - FOR SALE
1/49
null | Request Cap Rate

1220 W Gray St
Houston, TX 77019
Montrose


OVERVIEW

Welcome to a unique opportunity at 1220 West Gray Street, nestled in the heart of Houston's vibrant Montrose & steps from the new Harlow District. This elegant two-unit residence is a blend of historical charm and modern functionality, offering a versatile use of space. The property, set on a prominent corner lot, boasts two distinct units—each with its own private entrance. The first floor, currently configured as an office space, provides an ideal layout for a professional setting or creative studio. The second floor offers a private residence with three bedrooms and two bathrooms, perfect for personal living or rental income. An extensive renovation in 2016 has seamlessly integrated contemporary comforts with the home's classic architecture. Discover endless possibilities with this piece of Houston history—merge the units into a grand single-family residence, maintain the current configuration, or explore creating a multifamily property with lots of income potential!

FOR SALE DETAILS

PRICE

$1,099,950 USD

PRICE/SF

$479 USD /SF

# OF UNITS

2

PRICE/UNIT

$549,975

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

-

APN/PARCEL ID

0523680000010

ASK ABOUT THIS PROPERTY

Andrew BurnettCompass RE Texas, LLCMore Info
713-303-9048

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Andrew BurnettCompass RE Texas, LLCMore Info
713-303-9048

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.