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For Sale 77551 Galveston

5006 Avenue M

Galveston, TX 77551

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For Sale

Active

$468,000

Est. Mortgage 3,167/month

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2,904 Sqft. ($161/Sqft.)

6,000 Lot Sqft

Multi-Family - 5 Plus

59 Day(s) on Market

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Description

Turnkey Investment Opportunity! 5 units total - All with their own separate water & electric meters! No gas on the property. Landlord pays the hallway light for the fourplex only. The front building is a fourplex, and in the back there is a single-family home. Both buildings have new driveways with off street parking. The fourplex has electric washer/dryer connections in the hallway, perfect for coin laundry. The back house has its own electric washer/dryer connections. Rent Roll, survey & elevation certificates are in the attachments. Please call or text agent for more info.

Documents

Survey Elevation Certificate 1 Elevation Certificate 2 Rent Roll

MLS#

55360221

List Price

$468,0002.90% ($161/Sqft.)

Listing Status

For Sale

Address

5006 Avenue M

City

Galveston

State

Zip Code

77551

County

Galveston County

Subdivision

Denver Resurvey (View subdivision price trend)

Legal Description

ABST 628 M B MENARD SUR LOTS 15 & 16 BLK 31 DENVER RESURVEY

Property Type

Multi-Family - 5 Plus

Stories

Building Size

2,904 Sqft/Appraisal District

Year Built

1958 /Appraisal District

Lot Size

6,000 Sqft./Appraisal District

Key Map©

774T

Market Area

Midtown - Galveston

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Kaylin Plumlee

NB Elite Realty

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Exterior

Roof

Composition

Interior

Cooling

Other Cooling

Heating

Other Heating

Lot information

Lot Size

6,000 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, Investor

Other Fees

Maintenance Fee

Taxes w/o Exemp

$5,239/2023

Tax Rate

1.7477

Additional information

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

Sub Agent Compensation*

*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

5006 Avenue M

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

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

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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.