1028 Avenue K

Galveston, TX 77550
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For Sale
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$450,000
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2,718 Sqft. ($166/Sqft.)
2,645 Lot Sqft
Multi-Family - Triplex

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Description

Wonderful opportunity to purchase a triplex, live in one unit and rent out the other two! This property was completely remodeled from the studs in, in compliance to the 7 code permits that were approved by the City of Galveston in 2019. Great location close to UTMB, shopping and entertainment. Two are fully furnished 2 bedroom, 1 bath units with tastefully decorated interiors. Both have a washer and dryer located inside each unit for added convenience. The bottom unit has a small fenced patio area, while the upstairs unit has the balcony. Third unit has the same finishes as the other two unit just a bit smaller. This unit has central A/C and is being sold with the washer and dryer but without any furnishings. There is a current long term tenant until summer. The duplex portion of the property had been used as short-term rentals. There are no financials for the duplex.

MLS#
78555778
List Price
$450,0009.09% ($166/Sqft.)
Listing Status
For Sale
Address
1028 Avenue K
City
State
TX
Zip Code
Legal Description
LOT 2 OF REPLAT OF LOT 14, BLK. 130 A SUBDIVISION IN GALV.
Property Type
Multi-Family - Triplex
Stories
2
Building Size
2,718 Sqft/Appraisal District
Year Built
1960 /Appraisal District
Lot Size
2,645 Sqft./Survey
Key Map©
775P
Market Area

Exterior

Roof
Composition
Exterior Type
Wood
Lot Description
Corner
Front Door Face
South

Interior

Countertop
Silestone
Floors
Vinyl Plank
Cooling
Central Electric, Zoned
Heating
Central Electric, Zoned
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Energy Feature
Ceiling Fans

Rooms

Unit2 Bed1
13 x 13
Unit2 Bed2
13 x 12
Unit2 Kitchen
10 x 9
Unit2 Living
15 x 10
2 Bdr #
3

Lot information

Lot Size
2,645 Sqft. /Survey
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, FHA, Investor, VA
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$4,159/2023

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Balcony,Fenced Area,Furnished,Patio,Window Coverings
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Estimated electricity cost

Analysis for
1028 Avenue K
An Energy Ogre member at this location would SAVE $161/year. Find out more
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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Noise factors

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Source

Houston Association of REALTORS
Source last updated Apr 27, 2024 at 02:57 PM
Listing last updated Apr 16, 2024 at 12:02 PM

1028 Avenue K, Galveston, TX 77550. View photos, map, tax, nearby homes for sale, home values, school info...

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