2030 Portsmouth St - Apartments FOR SALE


Houston, TX 77098- Montrose
$899,000 USD
713-503-0808
2030 Portsmouth St, Houston, TX for Sale
$899,000 USD
Apartments - FOR SALE
1/16
null | 6.4% Cap Rate

2030 Portsmouth St
Houston, TX 77098
Montrose


HIGHLIGHTS

  • 2030 Portsmouth Street presents an investment opportunity to acquire an income-generating, six-unit apartment building.
  • Each unit has updated and stainless steel appliances and features throughout, and there is gated on-site parking and street parking available.
  • Houston's Montrose neighborhood is within 4 miles of the Museum District and The Galleria, full of historic homes and new construction.
  • Residents of the area are well-served by the Harris County METRO Rail Authority.

OVERVIEW

2030 Portsmouth Street presents a six-unit apartment building. It is in a great location in the popular Montrose area, only 2.5 miles from the Medical Center area and 1 mile from Rice University. The unit mix consists of six one-bedroom/ one-bathroom units. All units have one-year leases. The building was remodeled in 2008, and the roof was most recently replaced in 2024. Unit features include wood laminate flooring, granite countertops, stainless steel appliances, and tankless water heaters. There is gated on-site parking and off-street parking available.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$274 USD /SF

# OF UNITS

6

PRICE/UNIT

$149,833

CAP RATE

6.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

0571300010004

ASK ABOUT THIS PROPERTY

Rick StallingsColdwell Banker Commercial RealtyMore Info
713-503-0808

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Rick StallingsColdwell Banker Commercial RealtyMore Info
713-503-0808

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