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1516 Avenue K

Galveston, TX 77550
  • $550,000
  • STATUS: Active
  • MLS #: 92640179
UPDATED: 56 min ago
$550,000
  • 2
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,919
    SQFT
  • $188
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Location!! Location!! Location!!! Just a few minutes away from the very desirable historic district of Galveston. The nearby hospital just closed the on-site housing available for all medical students so there is a large demand for housing in the area. Not to mention your in close proximity to the port where large cruise ships come into town (perfect for people wanting to stay at an Airbnb for the weekend) This could be rehabbed and sold for a MASSIVE payday or kept as a 4plex for long-term/short term rental as a buy and hold cash flow property. Very few 4plex properties are available in all of Galveston because they no longer are approving them due to limited parking, but guess what? This property has PLENTY of parking! Street/driveway parking in the front and plenty of parking from alley access in the rear. Most of the rehab has already been completed. The investor ran out of money and wants out of the deal. A deal not to be missed!!!

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© 2022 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-12-08T15:14:56.607.
www.hargroverealtygroup.com/homes/134809236
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1516 Avenue K Galveston, TX 77550

  • Price: $550,000
  • Status: Active
  • On Site: Days
  • Updated: 56 min ago
  • MLS #: 92640179
2
Beds
2
Baths
0
½ Baths
0.12
Acres
2,919
SQFT
$188
$/SQFT
1960
Built
Neighborhood:
Galveston Townsite
County:
Galveston
Area:
33 - Galveston County
Elementary School:
Gisd Open Enroll
Middle School:
Gisd Open Enroll
High School:
Ball High School
School District:
Galveston
Property Description
Location!! Location!! Location!!! Just a few minutes away from the very desirable historic district of Galveston. The nearby hospital just closed the on-site housing available for all medical students so there is a large demand for housing in the area. Not to mention your in close proximity to the port where large cruise ships come into town (perfect for people wanting to stay at an Airbnb for the weekend) This could be rehabbed and sold for a MASSIVE payday or kept as a 4plex for long-term/short term rental as a buy and hold cash flow property. Very few 4plex properties are available in all of Galveston because they no longer are approving them due to limited parking, but guess what? This property has PLENTY of parking! Street/driveway parking in the front and plenty of parking from alley access in the rear. Most of the rehab has already been completed. The investor ran out of money and wants out of the deal. A deal not to be missed!!!
Exterior Features

Roof Composition

Interior Features

Cool System Central Electric Heat System Central Gas

Property Features

Country United States Disclosures Sellers Disclosure Expense Owner Operating ElectricGasInsuranceTaxes Fee Other No Lot Size Source Appraisal District Lot Value No Maintenance Fee Yes No No Management Co YN No New Construction No Property Sub Type Fourplex Restrictions Unknown Sq Ft Source Appraisal District Tax Amount 8918 Tax Rate 2.0662 Tax Year 2022 Year Built Src Appraisal District

Listing information © 2022 Houston Association of REALTORS® MLS.
Listing courtesy of Lucid Realty, Llc: [IDXCONTACTINFORMATION].



© 2022 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-12-08T15:14:56.607.
 
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