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32
Map
$450,000
↓ $25K (5.3%)
●
Multifamily -
For Sale
1028 Avenue K
Galveston, TX 77550
2 Beds
1 Bath
2718 Sqft
$2,557
Estimated Monthly
$0
HOA / Fees
3.34%
Cap Rate
About This Property
Wonderful opportunity to purchase a triplex, live in one unit and
rent out the other two! This property was completely
remodeled from the studs in, in compliance to the 7 code permits
that were approved by the City of Galveston in 2019. Great location
close to UTMB, shopping and entertainment. Two are fully
furnished 2 bedroom, 1 bath units with tastefully decorated
interiors. Both have a washer and dryer located inside each unit
for added convenience. The bottom unit has a small fenced
patio area, while the upstairs unit has the balcony. Third unit has
the same finishes as the other two unit just a bit smaller. This
unit has central A/C and is being sold with the washer and dryer
but without any furnishings. There is a current long term
tenant until summer. The duplex portion of the property had been
used as short-term rentals. There are no financials for the
duplex.
Unit Size
2,718Ft²
Days on Market
81 days
Land Size
-
Price per sqft
$166
Property Type
Multifamily
Property Taxes
$347
HOA Dues
-
Year Built
1960
Listed By
Last updated: 13 days ago (HAR #78555778)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2024 | Price Decreased |
$450,000
↓ $25K
(5.3%)
|
|
| Price Decreased | |||
| Mar 27, 2024 | Price Decreased |
$475,000
↓ $20K
(4%)
|
|
| Price Decreased | |||
| Feb 8, 2024 | Listed by Sand N Sea Properties, LLC | $495,000 | |
| Listed by Sand N Sea Properties, LLC | |||
Property Highlights
Air Conditioning
Interior Details
Bedroom Information
Bedrooms: 2
Bathroom Information
Full Bathrooms: 1
Interior Information
Flooring: Vinyl Plank
Living Area SqFt: 2718
Exterior Details
Property Information
Year Built: 1960
Year Built Source: Appraisal District
Construction Information
Home Type: Multi-Family
Property Sub Type: Triplex
Construction materials: Wood
Roof: Composition
Lot Information
Lot Dimension: 43 x 61.5
Financial Details
Total Taxes: $4,159
Tax Year: 2023
Parcel Number: 3505-0130-0014-002
Compensation Disclaimer: The Compensation offer is made only to participants of the MLS where the listing is filed
Compensation to Buyers Agent: 3%
Utilities Details
Utilities: Electric, Water
Heating Type: Central Electric, Zoned
Cooling Type: Central Electric, Zoned
Location Details
Location: I-45 South to Galveston; Continue straight onto Broadway; Take a right on 11th Street; Duplex is located on corner of 11th and Avenue K
Subdivision: Galveston Townsite
1028 Avenue K
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
2
Beds
1
Bath
2,433 ft²
$393,000
May 21, 2021
$354,000 - $432,000
Sep 10, 2021
$431/mo
Sold
Multifamily
2
Beds
1
Bath
3,940 ft²
$460,000
Aug 7, 2021
$414,000 - $506,000
Nov 15, 2021
$232/mo
Sold
House
3
Beds
3
Baths
2,630 ft²
$450,000
Sep 28, 2020
$405,000 - $495,000
Dec 8, 2020
$892/mo
Sold
House
3
Beds
2
Baths
2,675 ft²
$549,500
Apr 30, 2022
$495,000 - $603,000
Jun 17, 2022
$445/mo
Sold
House
3
Beds
2
Baths
3,129 ft²
$505,000
Sep 17, 2021
$455,000 - $555,000
Dec 14, 2021
$907/mo
Sold
Multifamily
Stu
2
Baths
2,122 ft²
$465,000
May 1, 2022
$419,000 - $511,000
Jul 13, 2022
$424/mo
In Contract
Multifamily
1
Bed
1
Bath
2,886 ft²
$147/ft²
$425,000
Dec 7, 2023
-
$364/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About East End Historic District
Similar Homes for Sale
Nearby Rentals
Listed by: Andrea Sunseri, Sand N Sea Properties, LLC
Last Updated: 13 days ago
Data Source: HAR , MLS# 78555778
Copyright © 2024, Houston Realtors Information Service, Inc. Information provided is 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 provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 13 days ago
Data Source: HAR , MLS# 78555778
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
