UPDATED:
12/19/2024 03:29 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,383 sqft
Price per Sqft $293
Subdivision Galveston Outlots
MLS Listing ID 15386620
Bedrooms 2
Full Baths 2
Year Built 1960
Annual Tax Amount $9,787
Tax Year 2023
Lot Size 5,160 Sqft
Property Description
Discover this incredible 4-plex, a well-maintained and low-maintenance property with excellent cash flow potential in a prime beachside location. The property features a spacious 2 bed/1.5 bath upstairs unit (Vacant), a cozy 1 bed/1 bath garage apartment, and two efficiency (studio) units downstairs, offering a diverse rental mix to maximize your income. Recent upgrades include a new roof (2020), all siding replaced with Hardie plank, along with many interior unit upgrades.
The vacant unit is ready for immediate showings by appointment, while the tenant-occupied units will be shown upon an accepted offer. This is a rare opportunity to invest in a highly desirable area, just a short stroll from the beach!
Location
State TX
County Galveston
Area East End
Interior
Heating Central Gas
Cooling Central Electric
Exterior
Utilities Available Electric, Gas, Water
Roof Type Composition
Building
Story 2
Structure Type Other,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 Unknown
Tax ID 3510-0046-2002-001
Energy Description Ceiling Fans
Acceptable Financing Cash Sale, Conventional, FHA, VA
Tax Rate 1.7477
Disclosures Reports Available, Sellers Disclosure
Listing Terms Cash Sale, Conventional, FHA, VA
Financing Cash Sale,Conventional,FHA,VA
Special Listing Condition Reports Available, Sellers Disclosure