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For Sale 77550 Galveston

1516 Avenue K

Galveston, TX 77550

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For Sale

Active

$725,000

Est. Mortgage 3,925/month

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2,919 Sqft. ($248/Sqft.)

5,140 Lot Sqft

Multi-Family - Fourplex

36 Day(s) on Market

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Description

Strong Investment Opportunity located just 6 blocks from the beach in Galveston and just a short bike ride to the various medical centers,Universities and the Historic Strand. This newly renovated modern 4 plex is currently rented and generating income from tenants. Each unit upstairs is a 1/1 equipped with all new stainless steel appliances,quartz countertops, mini splits and. Washer/dryer in each of the 4 units. The downstairs front unit is a 2/1 and the back unit is a 3/1. Don’t let this incredible investment opportunity pass you by.

MLS#

14386363

List Price

$725,0003.33% ($248/Sqft.)

Listing Status

For Sale

Address

1516 Avenue K

City

Galveston

State

Zip Code

77550

County

Galveston County

Subdivision

Galveston Townsite (View subdivision price trend)

Legal Description

ABST 628 M B MENARD SUR LOT 11 BLK 135 GALVESTON

Property Type

Multi-Family - Fourplex

Stories

Building Size

2,919 Sqft/Appraisal District

Year Built

1960 /Appraisal District

Lot Size

5,140 Sqft./Appraisal District

Key Map©

775N

Market Area

East End

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PRESENTED BY

Jackie Greer Platinum

Berkshire Hathaway HomeServices

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Exterior

Roof

Composition

Exterior Type

Cement Board

Parking

Driveway Gate, Off Site Parking

Parking Unit

One

Interior

Countertop

Quartz

Floors

Laminate

Cooling

Other Cooling

Heating

Other Heating

Dishwasher

Yes

Microwave

Yes

Energy Feature

Ceiling Fans

Rooms

Unit1 Bed

Unit2 Bed1

Unit3 Bed1

1 Bdr #

2 Bdr #

3 Bdr #

Lot information

Lot Size

5,140 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, FHA

Other Fees

Maintenance Fee

Taxes w/o Exemp

$11,553/2023

Tax Rate

1.7477

Additional information

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

Sub Agent Compensation*

1.5%

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

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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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.