Houston, TX 77019 516 W Gray Street

Sold: May 02, 2024
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Presented By: JPAR - The Sears Group;
  • MLS# 17271894
  • 02/29/2024
  • Request Tour
  • Request Info
  • Beds • 1
  • Baths • 1
  • SQFT • 2,540

Home Details

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.
Presented By: JPAR - The Sears Group;

General for 516 W Gray Street

Census Tract4102.02
CityHouston
CountyHarris
DOM11
DirectionsOff west Gray, just west of Barnaby's
DisclosuresNo Disclosures
Elementary SchoolWILLIAM WHARTON K-8 DUAL LANGUAGE ACADEMY
Fee Other
Finance AvailableCash Sale, Conventional, Investor, VA
Full Baths1
Geo Market AreaMontrose
HeatingCentral Electric
High SchoolLAMAR HIGH SCHOOL (HOUSTON)
List TypeExclusive Agency to Sell/Lease
Maintenance Fee Y/N
Middle SchoolGREGORY-LINCOLN MIDDLE SCHOOL
New Construction0
Open House Public Count0
Property TypeMulti-Family
RestrictionsUnknown
RoofComposition
School District27 - Houston
StatusSold
Stories2
Street NameGray
Sub TypeFourplex
SubdivisionAlden Place
Tax Rate2.0148
Tax Year2023
Unit Total4
UtilitiesCable, Electric, Gas, Water
Year Built1932
Yearly Taxes13840

Interior for 516 W Gray Street

Close Price884000.00
Cool SystemCentral Electric
Dishwasher1
Disposal1
Microwave1
Refrigerator1
Sq Ft SourceAppraisal District
Sq Ft Total2540
Total Baths1.00
Total Bedrooms1
Unit Count4
Unit FeaturesFurnished

Exterior for 516 W Gray Street

Lot Size5000
Lot Size SourceAppraisal District
Parking DescriptionAutomatic Driveway Gate, Off Site Parking, Paved Area
Parking UnitOne

Additional Details

Price History

Kate Myhan

Agent
Price $900,000
MLS#17271894
List Date 02/29/2024
Property Type Multi-Family
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