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Map
$429,000
↓ $10K (2.3%)
●
Multifamily -
For Sale
1119 31st Street
Galveston, TX 77550
2 Beds
1 Bath
1995 Sqft
$2,423
Estimated Monthly
$0
HOA / Fees
3.45%
Cap Rate
About This Property
Great investment property in Galveston's Mid-Town area. This
fourplex would be great to use as your full time home upstairs and
rent out the other three units downstairs. Upstairs features
tall ceilings, hardwood floors, a spacious kitchen and living area
with shiplap ceiling, plus a front porch and a back deck.
Downstairs you will find three additional units, a 1/1, and
two studio apartments. Central laundry downstairs.
Upstairs and downstairs separately metered and each has a
separate solar system. The cost of the solar payments (see
attached) are half of what the power bills would be buying directly
from any of the local power companies, for overall lower utility
cost for the building. Currently 50% occupied.
Unit Size
1,995Ft²
Days on Market
100 days
Land Size
-
Price per sqft
$215
Property Type
Multifamily
Property Taxes
$317
HOA Dues
-
Year Built
1955
Listed By
Last updated: 3 months ago (HAR #51792108)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2024 | Price Decreased |
$429,000
↓ $10K
(2.3%)
|
|
| Price Decreased | |||
| Jan 22, 2024 | Listed by RE/MAX Leading Edge | $439,000 | |
| Listed by RE/MAX Leading Edge | |||
Property Highlights
Air Conditioning
Interior Details
Bedroom Information
Bedrooms: 2
Bathroom Information
Full Bathrooms: 1
Interior Information
Flooring: Laminate, Tile, Wood
Living Area SqFt: 1995
Exterior Details
Property Information
Year Built: 1975
Year Built Source: Appraisal District
Construction Information
Home Type: Multi-Family
Property Sub Type: Fourplex
Construction materials: Wood
Roof: Composition
Lot Information
Lot Dimension: 102x27
Financial Details
Total Taxes: $3,798
Tax Year: 2023
Tax Rate: 2.0161
Parcel Number: 3505-0091-0009-002
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
Heating Type: Central Electric
Cooling Type: Central Electric
Location Details
Location: I45S to Broadway. Right on 31st. 1119 31st will be on your Right.
Subdivision: Galveston Townsite
1119 31st Street
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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
3
Beds
2
Baths
1,928 ft²
$430,000
Nov 11, 2020
$387,000 - $473,000
Nov 15, 2021
$395/mo
Sold
Multifamily
3
Beds
2
Baths
2,833 ft²
$435,000
Dec 8, 2020
$392,000 - $478,000
Apr 16, 2021
$716/mo
Sold
House
2
Beds
2
Baths
1,003 ft²
$420,000
Mar 17, 2022
$378,000 - $462,000
May 27, 2022
$357/mo
Sold
House
3
Beds
3
Baths
2,136 ft²
$385,000
Sep 24, 2021
$347,000 - $423,000
Nov 12, 2021
$331/mo
Sold
House
3
Beds
2
Baths
1,661 ft²
$399,000
Jun 2, 2022
$360,000 - $438,000
Nov 14, 2022
$191/mo
Sold
House
2
Beds
2
Baths
680 ft²
$380,000
Sep 28, 2022
$342,000 - $418,000
Nov 7, 2022
-
In Contract
House
3
Beds
3
Baths
1,956 ft²
$243/ft²
$475,000
Dec 1, 2023
-
$550/mo
Active
Multifamily
3
Beds
1
Bath
2,274 ft²
$191/ft²
$435,000
Nov 7, 2023
-
$621/mo
In Contract
House
3
Beds
2
Baths
1,830 ft²
$205/ft²
$375,000
Jun 12, 2023
-
$418/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Downtown Galveston
Similar Homes for Sale
Nearby Rentals
Listed by: Susanna Mayberry, RE/MAX Leading Edge
Last Updated: 3 months ago
Data Source: HAR , MLS# 51792108
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: 3 months ago
Data Source: HAR , MLS# 51792108
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
