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5201 Avenue S

Galveston, TX 77551
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1,795 Sqft. ($284/Sqft.)
3,000 Lot Sqft
Multi-Family - Triplex

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General Description

This property will be a great location for your business here in Galveston! Please note this property consists of two 3000 s.f. lots. This muiti-family property has a business office with a huge, fenced 2500 s.f. asphalt parking lot, and two nice sized residential units which will have a one year's lease each upon sale. One residential unit is a two bedroom, one full bathroom. The other residential unit is a one bedroom, one full bathroom. The business office has a lobby, an office separated by a locked door and a half bathroom. Plenty of drive by traffic for your business. Make your appointment today to view this amazing property! No pictures of 1 bedroom unit for privacy. Currently the property has $3100 a month in rental income.

MLS#
65133276
List Price
$509,900 ($284/Sqft.)
Listing Status
For Sale
Address
5201 Avenue S
City
Galveston
State
TX
Zip Code
77551
County
Galveston County
Legal Description
ABST 628 M B MENARD SUR N 60 FT OF LOTS 11 & 12 (11-1) BLK 1
Property Type
Multi-Family - Triplex
Stories
1
Building Size
1,795 Sqft/Appraisal District
Year Built
1940 /Appraisal District
Lot Size
3,000 Sqft./Appraisal District
Key Map©
774X
Market Area

Exterior

Roof
Composition
Exterior Type
Wood
Lot Description
Corner
Controlled Access
Automatic Gate
Front Door Face
East

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
2.5%
Sub Agent Compensation*
0%

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

Financial

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$4,194/2023
Tax Rate
1.7477

Interior

Floors
Laminate
Cooling
Central Electric
Heating
Central Electric
Microwave
Yes
Energy Feature
Ceiling Fans

Lot Information

Lot Size
3,000 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
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Source

Houston Association of REALTORS
Source last updated Apr 26, 2024 at 11:42 PM
Listing last updated Apr 25, 2024 at 12:27 PM

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
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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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

Subdivision Facts

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Copyright© 2024 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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