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$450,000 For Sale

2805 Avenue M
Galveston, TX 77550

Multi Family Home - MLS# 75042847
Property Photo
1/13

Description

Here is your chance to own a major income producing property! 4 plex with 100% occupancy and steady income make this a sound investment opportunity. All 4 of the units are 3/2 with approx. 1500 square ft. of living space, central A/C and heat and individual water heaters; A rare find and highly sought after floor plan indeed! Wpi8 is on file for the roof being replaced in 2009 as well as 2 units with inside and outside A/C in 2016/2017. Apartment 1 and 2 had flooring replaced in 2017. Other upgrades are disposals that were added in each unit, as well as up to code walkway and stair railing for the tenants. All units are rented by long term, section 8 eligible tenants. Net Operating Income = $44,242. No sign out - Please do not disturb tenants. No showings without qualified offer. Owner is listing agent and is a licensed Realtor in TX. Call today to receive rent roll and income/expense report!

Features

  • Acres Desciption: 0 Up To 1/4 Acre
  • Alt Unit Count: 1
  • Cool System: Central Electric
  • Countertops: Linoleum
  • County/Area: Galveston County
  • Description: Split Level, Split Plan
  • Directions: 45 South Bound > 45 S Turns Into Broadway. Take A Right On 29th St. And Left On Ave M. Property Is O
  • Dishwasher: Yes
  • Disposal: Yes
  • Elementary School: Gisd Open Enroll
  • Energy: Attic Vents, Ceiling Fans, Digital Program Thermostat
  • Expense Owner Operating: Insurance, Maintenance/Repair, Taxes
  • Floors: Carpet, Laminate, Tile
  • Front Door Faces: West
  • Geo Market Area: East End
  • Heat System: Central Electric
  • High School: Ball High School
  • Income Net Operating: 44242
  • Legal Subdivision: Galveston Outlots
  • Listing Status: Active
  • Lot Size: 5140
  • Lot Size Source: Appraisal District
  • Main Type: Multi-Family
  • Middle School: Gisd Open Enroll
  • Misc Features: Fire/Smoke Alarm
  • Parking Unit: More Than Two
  • Property Type: Multi Family Home
  • Range: Yes
  • Refrigerator: Yes
  • Roof: Composition
  • School District: Galveston
  • Siding: Brick & Wood
  • Special Conditions Details: Owner/Agent,Sellers Disclosure
  • Sq Ft Source: Appraisal District
  • Sq.Ft.: 6080
  • Stories: 2 Stories
  • Sub Type: Fourplex
  • Subdivision: Galveston Outlots
  • Subdivision/Neighborhood: Galveston Outlots
  • Total Stories: 2
  • Unit Features: Balcony, Carpets, Window Coverings
  • Utilities: Cable, Electric, Water
  • Year Built: 1993
  • Year Built Src: Appraisal District
  • Zip Code: 77550

Residential Sales

Melaine Anderson

713-352-1175

MAnderson@tcr.us.com

Sommer Fisher

409-777-8636

SommerF@tcr.us.com

Candi Stevens

409-877-7964

CandiS@tcr.us.com

 

 

Commercial Properties

Richard Anderson

713-597-4025

RAnderson@tcr.us.com

Galveston Office

801 East Beach Dr. Suite 150

Galveston, Tx 77550

409-497-4115 Main

Open Daily - Noon - 5:00pm

Walk-ins welcome!

Appointments from 10:00am-6:00pm

Click for Map Link

Residential Leases

Lee Ann Coulter

713-597-5803

LeeAnnC@tcr.us.com

Houston Office

1616 S. Voss Road Suite 420

Houston, Tx 77057

713-335-9581 Main

Click for Map Link

 

Vacation Rentals

Cathy Diuguid

713-533-8919

CathyD@tcr.us.com