5015 Avenue M
Galveston, TX 77551
- 4 beds
- 2 baths
- 2,859 sqft
- 5,996 sqft lot
- $137 per sqft
- 1953 build
- – on site
**BRAND NEW ROOFS JUST INSTALLED ON ALL THREE UNITS!!** Welcome to 5015 Avenue M, a strategically located triplex offering an exceptional opportunity for investors seeking steady rental income in the heart of Galveston, TX. Unit one (the front main house) consists of four bedrooms and two bathrooms, central AC, storm shutters, and vinyl flooring. Units two and three in the back of the property include two bedrooms and one bathroom each, recently renovated with updated kitchens and bathrooms with vinyl flooring. Consistently high occupancy rates with long-term tenants. Rental income of $4676 total per month, with potential for rent increases in line with market trends. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to real estate investment, this triplex represents a rare opportunity to acquire a turnkey property with immediate income potential!! Repair/upgrade list available upon request (also in attachments for agents)
Listing courtesy of HAR / Fairdale Realty
Last checked:
Checking…
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Last updated Nov 18, 2024
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MLS# 67377815 —
The Building
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Year Built:1953
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Year Built Source:Appraisal District
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New Construction:No
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Roof:Composition
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Stories:1
Financial & Terms
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Price SqFt List:$137.11
Location
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Directions:Take I-45 south to Galveston. I-45 will turn into Broadway. Continue on Broadway to 53rd street. Turn right on 53rd St., turn left on Avenue M. The property is on the right side. House is in the front and the two apartments are in the back.
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Latitude:29.288765
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Longitude:-94.822427
The Property
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Parcel Number:2965-0042-0006-000
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Section Number:1
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Property Type:Multi-Family
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Property Subtype:Triplex
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Lot Size:5,996 Sqft
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Lot Size Source:Appraisal District
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Lot Price SqFt List:65.38
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Total SqFt:2,859 Sqft
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SqFt Source:Seller
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Area:33
Listing Agent
- Contact info:
- Agent phone:
- (832) 707-2072
- Office phone:
- (832) 559-0880
Taxes
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Tax Year:2023
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Tax Rate:$1.75
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Tax Amount:$8,840
Beds
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Total Bedrooms:4
Baths
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Total Baths:2.00
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Full Baths:2
The Listing
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Status:Active
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Disclosures:Sellers Disclosure
Heating & Cooling
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Heat System:Central Electric, Window Unit
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Cool System:Central Gas, Window Units
Schools
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Elementary:GISD OPEN ENROLL
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Middle School:GISD OPEN ENROLL
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High School:BALL HIGH SCHOOL
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School District:22 - Galveston
The Community
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Subdivision:Denver Resurvey
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Active Community 55:No
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Restrictions:None
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Management Company:No
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Maintenance Fee:No
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Other Fees:No
Extra Units
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Total Units:3
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Unit Count:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).