4310 Elsbury St Houston, TX 77006

This is a fully furnished, income-producing 5-unit multifamily property located in Montrose, Houston (77006). It has a proven record of success as a short-term rental, generating approximately $140,000 in gross revenue and $80,000 in net operating income, based on a two-year annual average from 2023 to 2025. The building includes one 2-bedroom unit, three 1-bedroom units, and one studio. Each apartment has its own in-unit washer and dryer, plus there is a dedicated laundry and storage facility. The property has undergone over $300,000 in recent interior renovations. It is move-in ready. The gated lot includes smart home upgrades such as locks and security features. The property is located near Montrose, the Museum District, Midtown, and Downtown. It has a strong cash flow history supported by tourism, business travel, and upcoming events such as the 2026 FIFA World Cup. The long-term rental potential is estimated at $100,000 to $110,000 in gross income with a net operating income of approximately $60,000 to $65,000. Transition and start-up support for first-time short-term rental investors is available for up to one year at an additional cost.