1 /
23
Map
$468,000
↓ $14K (2.9%)
●
Multifamily -
For Sale
5006 Avenue M
Galveston, TX 77551
Studio
5 Baths
2904 Sqft
$2,735
Estimated Monthly
$0
HOA / Fees
2.73%
Cap Rate
About This Property
Turnkey Investment Opportunity! 5 units total - All with their own
separate water & electric meters! No gas on the property. Landlord
pays the hallway light for the fourplex only.
The front building is a fourplex, and in the back there is a single-family home. Both buildings have new driveways with off street parking.
The fourplex has electric washer/dryer connections in the hallway, perfect for coin laundry. The back house has its own electric washer/dryer connections.
Rent Roll, survey & elevation certificates are in the attachments.
Please call or text agent for more info.
The front building is a fourplex, and in the back there is a single-family home. Both buildings have new driveways with off street parking.
The fourplex has electric washer/dryer connections in the hallway, perfect for coin laundry. The back house has its own electric washer/dryer connections.
Rent Roll, survey & elevation certificates are in the attachments.
Please call or text agent for more info.
Unit Size
2,904Ft²
Days on Market
60 days
Land Size
-
Price per sqft
$161
Property Type
Multifamily
Property Taxes
$437
HOA Dues
-
Year Built
1958
Listed By
Last updated: 17 days ago (HAR #55360221)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2024 | Price Decreased |
$468,000
↓ $14K
(2.9%)
|
|
| Price Decreased | |||
| Feb 27, 2024 | Listed by NB Elite Realty | $482,000 | |
| Listed by NB Elite Realty | |||
Property Highlights
Interior Details
Bathroom Information
Full Bathrooms: 5
Interior Information
Living Area SqFt: 2904
Exterior Details
Property Information
Year Built: 1958
Year Built Source: Appraisal District
Construction Information
Home Type: Multi-Family
Property Sub Type: 5 Plus
Roof: Composition
Financial Details
Total Taxes: $5,239
Tax Year: 2023
Tax Rate: 1.7477
Parcel Number: 2965-0031-0015-000
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: Other Heating
Cooling Type: Other Cooling
Location Details
Location: From I-45 S, continue straight onto Broadway St / Avenue J, make a right onto 50th St, make another right onto Avenue M, property will be on your right.
Subdivision: Denver Resurvey
5006 Avenue M
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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
1
Bath
2,556 ft²
$345,000
Jan 6, 2023
$311,000 - $379,000
Jun 21, 2023
$422/mo
Sold
Multifamily
1
Bed
1
Bath
4,752 ft²
$565,000
Jan 26, 2021
$509,000 - $621,000
Mar 2, 2021
$870/mo
Multifamily
3
Beds
1
Bath
4,205 ft²
$445,000
Apr 21, 2021
$401,000 - $489,000
Jan 14, 2022
$428/mo
Sold
Multifamily
2
Beds
2
Baths
1,698 ft²
$380,000
Sep 2, 2022
$342,000 - $418,000
Nov 4, 2022
$453/mo
Sold
House
4
Beds
2
Baths
2,772 ft²
$485,000
Jun 28, 2022
$437,000 - $533,000
Aug 22, 2022
$310/mo
Sold
House
5
Beds
2
Baths
2,761 ft²
$500,000
Jun 30, 2023
$450,000 - $550,000
Sep 8, 2023
$624/mo
In Contract
Multifamily
1
Bed
1
Bath
2,621 ft²
$153/ft²
$400,000
Apr 10, 2023
-
$517/mo
In Contract
Multifamily
5
Beds
3
Baths
2,857 ft²
$150/ft²
$429,000
Jan 24, 2024
-
-
Active
Commercial
Loft
2.5
Baths
1,795 ft²
$284/ft²
$509,900
Feb 3, 2024
-
$350/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Carver Park
Similar Homes for Sale
Nearby Rentals
$1,600 /mo
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$1,650 /mo
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Listed by: Kaylin Plumlee, NB Elite Realty
Last Updated: 17 days ago
Data Source: HAR , MLS# 55360221
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: 17 days ago
Data Source: HAR , MLS# 55360221
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
