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Buy a multi-family propertyat 1112 Avenue M 1/2, Galveston, TX 77550

$995,000

$1,100,000 (-9.55%)

$0/mo

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Multifamily

4,151 Sq. Ft.

7,716 Sq. Ft. lot

356 Days on market

2049657 MLS ID

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About 1112 Avenue M 1/2 multi-family property

Unique property that has tons of potential and possibilities! Just a block off the Seawall, the front ranch style home has old world Italian charm and features 3 bedrooms and 2.5 baths. This is the perfect home for hosting parties with it's formal living room, family room and oversized (approx 465sf) den. Out back you will find three separate apartments with garage access from the alley. All 1/1 units in back are currently rented as well as the front house. The 3/1 in back is currently for lease. You could turn this place into your compound, live in the front and the back units would make great vacation rentals to offset expenses. Front house has recently been totally re-piped with Pex A piping. Make your appointment today!
Unique property that has tons of potential and possibilities! Just a block off the Seawall, the front ranch style home has old world Italian charm and features 3 bedrooms and 2.5 baths. This is the perfect home for hosting parties with it's formal living room, family room and oversized (approx 465sf) den. Out back you will find three separate apartments with garage access from the alley. All 1/1 units in back are currently rented as well as the front house. The 3/1 in back is currently for lease. You could turn this place into your compound, live in the front and the back units would make great vacation rentals to offset expenses. Front house has recently been totally re-piped with Pex A piping. Make your appointment today!

Property details

Appliances and Equipment

Dishwasher

Microwave

Bathrooms

2 Full Bathrooms

2.00 Total Bathrooms

Bedrooms

3 Total Bedrooms

House

4,151 Total SQFT

Single-story

Built in 1967

Carpet

Tile

Brick

Wood

Cooling

Central Electric

Window Units

Disclosures

Sellers Disclosure

Expenses

Electric

Water/Sewer

Water

Gulf View

Heating

Central Gas

Window Unit

Listing

$240 per sqft

Location

Area: 33

County: Galveston

Subdivision: Galveston Outlots

Lot

0 Up To 1/4 Acre

Size: 7716 square feet

Dimensions: 120x64

Water View

Property

4 units

1 Year

Month to Month

Roof

Composition

Schools

School District: 22 - Galveston

Elementary: Gisd Open Enroll

Middle: Gisd Open Enroll

High: Ball High School

Taxes

Amount: $13,529

Rate: 2.0161

Year: 2022

Monthly cost

Estimated monthly cost

$7,203/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Schools

Galveston enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$935,300

+$29,850

$965,150

Seller agent commission$29,850 (3%)*

$0 (0%)

Buyer agent commission$29,850 (3%)*

$29,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $29,850 more selling your home
with an Unreal Estate agent

Start free MLS listing
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State

  • Condos in Texas
  • Real Estate for Sale in Texas

Unreal Estate checked: Aug 8, 2023 at 4:36 p.m.

Data updated: Jul 8, 2023 at 11:08 a.m.

Courtesy of RE/MAX Leading Edge.
Information herein is deemed reliable but not guaranteed and 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. All information should be independently verified.
Listing Information © 2024 Houston REALTORS® Information Service, Inc. All Rights Reserved.

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