701 7th St

Kemah, TX 77565
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12,188 Lot Sqft
Multi-Family - 5 Plus

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Description

AMAZING INVESTMENT OPPORTUNITY WITH THE VIEW OF GALVESTON BAY!!! PROPERTY USE IS RESIDENTIAL AND COMMERCIAL. INCOME PRODUCING PROPERTIES INCLUDES A FOUR PLEX WITH APPROXIMATELY 3,300 SF WITH 8 BEDROOMS/ 4 BATH. A DUPLEX APPROXIMATELY 1,450SF WITH 3 BEDROOMS/2 BATH. (CURRENTLY ALL UNITS ARE LEASED OUT) THE BLUE COTTAGE IS APPROXIMATELY 450SF 1 BEDROOM/1 BATH. IDEAL LOCATION FOR BED & BREAKFAST, SALON, OFFICE SPACE AND ETC. THIS OUTSTANDING PROPERTY IS OVER 12,000 SF. STRUCTURES ARE LOCATED ON 701 7TH ST(4365-0004-0011-001), 703 7TH ST. (4365-0004-0010-002) AND 609 KIPP. SHORT DISTANCE TO THE KEMAH BOARDWALK, COFFEE SHOPS, RESTAURANTS, MARINA AND MORE!!! TENANTS ARE ON SHORT TERM LEASE. PLEASE DO NOT APPROACH TENANTS. SCHEDULE A PRIVATE SHOWING TODAY! ALL INFORMATION INCLUDING ROOM SIZES, TAXES AND ETC. TO BE VERIFIED BY BUYERS.

MLS#
88489834
List Price
$2,999,000
Listing Status
For Sale
Address
701 7th St
City
State
TX
Zip Code
Legal Description
ABST 12 M GOULDRICH SUR W 72.5 FT OF LOTS 11 & 12 (11-1) BLK
Property Type
Multi-Family - 5 Plus
Stories
2
Year Built
1950 /Appraisal District
Lot Size
12,188 Sqft./Appraisal District
Key Map©
620Y
Market Area

Exterior

Roof
Composition
Exterior Type
Unknown, Vinyl, Wood
Lot Description
Cleared, Corner, Water View
Water Amenity
Gulf View

Interior

Cooling
Window Units
Heating
Other Heating
Compactor
No
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Energy Feature
Ceiling Fans

Rooms

1 Bdr #
1
2 Bdr #
4
3 Bdr #
1

Lot information

Lot Size
12,188 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, Owner Financing
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$8,370/2022
Tax Rate
2.0134

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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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 Apr 26, 2024 at 10:47 PM
Listing last updated Apr 01, 2024 at 02:21 PM

701 7th St, Kemah, TX 77565. View photos, map, tax, nearby homes for sale, home values, school info...

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