1602 Avenue L

Galveston, TX 77550
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6,222 Sqft. ($253/Sqft.)
7,303 Lot Sqft
Multi-Family - Multiple Detached Dw

Audio narrative

Description

INVESTOR ALERT! Income opportunity! This one-of-a-kind opportunity in the Lost Bayou neighborhood of Galveston! Property features not one, not two, but three stunning Historic homes on one spacious lot. Circa 1889, these homes have been lovingly restored to their former glory, while also incorporating modern updates. Inside you’ll find original hardwood floors that have been beautifully restored. Bathrooms feature tile floors and showers. Six apts 2bed/1 baths providing ample space for residents. Custom shutters adorn the windows, allowing for natural light to filter in. New electrical and plumbing, quartz countertops, stainless steel appliances. On a tree-lined street, property offers a peaceful setting for residents just 5 blocks from Stewart Beach. One apartment is not complete and owner has agreed to be the GC at no cost if needed. Don't miss this chance to own a piece of Galveston's rich history - schedule a showing today!

MLS#
74921560
List Price
$1,575,000 ($253/Sqft.)
Listing Status
For Sale
Address
1602 Avenue L
City
State
TX
Zip Code
Legal Description
ABST 628 M B MENARD SUR LOT B RPLT OF LTS 8 & 9 (8-200) BLK
Property Type
Multi-Family - Multiple Detached Dw
Stories
2
Building Size
6,222 Sqft/Appraisal District
Year Built
1897 /Appraisal District
Lot Size
7,303 Sqft./Appraisal District
Market Area

Exterior

Roof
Composition
Exterior Type
Wood
Lot Description
Corner

Interior

Floors
Tile, Wood
Cooling
Window Units
Heating
Window Unit
Disposal
Yes
Microwave
Yes
Energy Feature
Ceiling Fans

Lot information

Lot Size
7,303 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
$14,285/2023
Tax Rate
1.7477

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Balcony,Hardwood Floors,Patio,Window Coverings
Buyer Agent Compensation*
2.5%
Sub Agent Compensation*
2.5%

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

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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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 May 08, 2024 at 02:55 AM
Listing last updated May 07, 2024 at 06:57 PM

1602 Avenue L, Galveston, TX 77550. View photos, map, tax, nearby homes for sale, home values, school info...

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