1119 31st St

Galveston, TX 77550
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For Sale
Active
$429,000
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1,995 Sqft. ($215/Sqft.)
2,723 Lot Sqft
Multi-Family - Fourplex

Audio narrative

Description

Great investment property in Galveston's Mid-Town area. This fourplex would be great to use as your full time home upstairs and rent out the other three units downstairs. Upstairs features tall ceilings, hardwood floors, a spacious kitchen and living area with shiplap ceiling, plus a front porch and a back deck. Downstairs you will find three additional units, a 1/1, and two studio apartments. Central laundry downstairs. Upstairs and downstairs separately metered and each has a separate solar system. The cost of the solar payments (see attached) are half of what the power bills would be buying directly from any of the local power companies, for overall lower utility cost for the building. Currently 50% occupied.

MLS#
51792108
List Price
$429,0002.28% ($215/Sqft.)
Listing Status
For Sale
Address
1119 31st St
City
State
TX
Zip Code
Legal Description
ABST 628 M B MENARD SUR SE PT OF LOT 9 (9-2) BLK 91 GALVESTO
Property Type
Multi-Family - Fourplex
Stories
2
Building Size
1,995 Sqft/Appraisal District
Year Built
1975 /Appraisal District
Lot Size
2,723 Sqft./Appraisal District
Key Map©
774R
Market Area

Exterior

Roof
Composition
Exterior Type
Wood
Lot Description
Other

Interior

Floors
Laminate, Tile, Wood
Cooling
Central Electric
Heating
Central Electric
Energy Feature
Ceiling Fans

Rooms

1 Bdr #
1
1 Bdr #
2
2 Bdr #
1

Lot information

Lot Size
2,723 Sqft. /Appraisal District
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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
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$3,798/2023
Tax Rate
2.0161

Additional information

List Type
Exclusive Right to Sell/Lease
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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Total views

Estimated electricity cost

Analysis for
1119 31st St
An Energy Ogre member at this location would SAVE $131/year. Find out more
Wondering if you're overpaying for electricity at your current home? Check now!

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

Nearby schools view nearby schools

Noise factors

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Source

Houston Association of REALTORS
Source last updated Apr 29, 2024 at 11:47 PM
Listing last updated Feb 22, 2024 at 02:27 PM

1119 31st St, Galveston, TX 77550. View photos, map, tax, nearby homes for sale, home values, school info...

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