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28
Map
$749,500
●
Multifamily -
In Contract
1112 Avenue M 1/2
Galveston, TX 77550
3 Beds
2 Baths
2857 Sqft
$4,910
Estimated Monthly
$0
HOA / Fees
1.23%
Cap Rate
About This Property
LOCATION! LOCATION! LOCATION! Just steps away from the beach,
this one-of-a-kind property is waiting for its new, unique owner.
This very solid, home features brick construction, which is
very desirable to have on the Island. The former owner was an
accomplished artist and his original, custom artwork and features
will make you feel like you have just stepped into an Italian
masterpiece. This house is perfect for parties and
entertainment - imagine all the family gatherings and reunions
waiting for your hosting talents! One block from Seawall,
this ranch-style home has 3 bedrooms, 2.5 baths, with a formal
living room, family room, plus an oversized den. Passive
income can be earned with the 3 rental units located in the back of
the property - all units are currently rented. Garage access
from alley. The main home has recently been re-piped with Pex
A piping. Second home, investment property, short-term
vacation rental, mother-in-law quarters - the possibilities are
endless!
Unit Size
2,857Ft²
Days on Market
-
Land Size
-
Price per sqft
$262
Property Type
Multifamily
Property Taxes
$1,229
HOA Dues
-
Year Built
1975
Listed By
Last updated: 2 days ago (HAR #49183579)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 27, 2024 | In contract | - | |
In contract | |||
Mar 25, 2024 | Relisted | $749,500 | |
Relisted | |||
Feb 23, 2024 | In contract | - | |
In contract | |||
Feb 1, 2024 | Listed by Joe Tramonte Realty, Inc. | $749,500 | |
Listed by Joe Tramonte Realty, Inc. |
Property Highlights
Air Conditioning
Interior Details
Bedroom Information
Bedrooms: 3
Bathroom Information
Full Bathrooms: 2
Interior Information
Flooring: Carpet, Tile
Living Area SqFt: 2857
Exterior Details
Property Information
Year Built: 1975
Year Built Source: Appraisal District
Construction Information
Home Type: Multi-Family
Property Sub Type: Fourplex
Construction materials: Brick, Wood
Roof: Composition
Financial Details
Total Taxes: $14,746
Tax Year: 2023
Tax Rate: 1.7477
Parcel Number: 3510-0023-1010-000
Compensation Disclaimer: The Compensation offer is made only to participants of the MLS where the listing is filed
Compensation to Buyers Agent: 0%
Utilities Details
Heating Type: Central Gas, Window Unit
Cooling Type: Central Electric, Window Units
Location Details
Location: From Broadway, trun on 11th towards Seawall. Right on M 1/2. Property will be on your Right.
Subdivision: Galveston Outlots
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
House
3
Beds
3
Baths
2,266 ft²
$849,000
Jun 1, 2022
$765,000 - $933,000
Jul 11, 2022
$706/mo
Sold
House
3
Beds
3
Baths
2,323 ft²
$600,000
Apr 23, 2021
$540,000 - $660,000
Jun 9, 2021
$870/mo
Sold
House
3
Beds
2
Baths
1,311 ft²
$777,000
Dec 7, 2021
$700,000 - $854,000
Feb 9, 2022
$353/mo
Sold
Multifamily
1
Bed
1
Bath
3,234 ft²
$680,000
Apr 13, 2021
$612,000 - $748,000
Dec 2, 2021
$358/mo
Sold
House
4
Beds
3
Baths
2,146 ft²
$810,000
Apr 9, 2022
$729,000 - $891,000
Jun 6, 2022
$41/mo
Sold
House
4
Beds
4
Baths
1,923 ft²
$675,000
May 10, 2023
$608,000 - $742,000
Jun 20, 2023
$1,047/mo
In Contract
Multifamily
4
Beds
4
Baths
3,024 ft²
$248/ft²
$750,000
Feb 24, 2024
-
$711/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/08/2023
|
|
3 Bed
|
2 Bath
|
4151 ft²
|
$749,000
3 Bed
2 Bath
4151 ft²
|
-
-
|
-
|
Susanna Mayberry
RE/MAX Leading Edge
|