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Andrew Lake

andrew@oneliferealtygroup.com +1(832) 207-3222

$899,000

Est. payment - /mo

7 Beds

6 Baths

3,361 SqFt

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UPDATED:

09/24/2024 08:48 PM

Key Details

Property Type Multi-Family

Sub Type Multiple Detached Dwellings

Listing Status Active

Purchase Type For Sale

Square Footage 3,361 sqft

Price per Sqft $267

Subdivision Galveston Townsite

MLS Listing ID 90790667

Bedrooms 7

Full Baths 6

Year Built 1960

Annual Tax Amount $4,020

Tax Year 2023

Lot Size 4,680 Sqft

Property Description

Luxurious multi-family property located in Galveston, Houston's favorite beach destination. What sets this property apart? Top-tier construction, high-end finishes, and a design that caters to comfort and luxury. The front duplex, elevated 13 ft above sea level, features kitchens and bathrooms worthy of an HGTV showcase. The rear building includes a 2-bedroom, 2-bath apartment on the second floor, plus two garage units and a spacious storage area ready for conversion into additional living space. Completed in Summer 2024, this virtually new complex is fully leased, providing a steady and reliable income stream with current tenants, including engineers and medical/doctorate students. This property is more than just a beautiful space—it's a smart opportunity that offers immediate returns and a diverse investment strategy.

Location

State TX

County Galveston

Area East End

Interior

Heating Central Electric, Central Gas

Cooling Central Electric, Central Gas

Flooring Tile, Vinyl, Wood

Exterior

Utilities Available Cable, Electric, Gas, Water

Roof Type Composition

Building

Story 2

Unit Features Balcony,Fireplace,Hardwood Floors,Window Coverings

Structure Type Cement Board,Other,Unknown,Wood

New Construction No

Schools

Elementary Schools Gisd Open Enroll

Middle Schools Gisd Open Enroll

High Schools Ball High School

School District 22 - Galveston

Others

Senior Community No

Restrictions None,Unknown

Tax ID 3505-0131-0010-001

Energy Description Attic Fan,Attic Vents,Ceiling Fans,Digital Program Thermostat,Energy Star Appliances,High-Efficiency HVAC,Insulation - Batt,Insulation - Blown Cellulose,Other Energy Features,Storm Windows

Acceptable Financing Cash Sale, Conventional

Tax Rate 1.7477

Disclosures Other Disclosures, Sellers Disclosure, Tenant Occupied

Listing Terms Cash Sale, Conventional

Financing Cash Sale,Conventional

Special Listing Condition Other Disclosures, Sellers Disclosure, Tenant Occupied

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Houston Association of Realtors (HAR MLS)

Listed by Soluna Realty • Stephanie Han

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Andrew Lake

+1(832) 207-3222

Team Owner | License ID: 676839

Team Owner License ID: 676839

1110 Avenue K Galveston, TX 77550

Andrew Lake

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1110 Avenue K