2828 Avenue Q 1/2, Galveston, TX 77550

4,273 Sqft. ($226/Sqft.)

5,160 Lot Sqft

Multi-Family - Triplex

1 Day(s) on Market

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Description

Smart Investment Opportunity. Beautiful 1913 home 2,469 square foot plus two apartments. This property brought in gross cash flow in excess of $93,000 in 2023 as a vacation rental of the main house and long term rental of the apartments. There is also the option to live in the main house with rental income from the apartments. This is a very lucrative opportunity. The main house is meticulously maintained, light filled with a mix of old charm architecture, unique features and modern day upgrades. The home comes fully furnished and tastefully staged with a total of 4 bedrooms & 3 full bathrooms. There are 2 ensuite bedrooms on the first floor. The kitchen is a cook's dream with updated appliances in 2024 and French antique cabinets. The other two bedrooms and full bathroom are upstairs with a big family room and plenty of walk-in closets. The second floor has a separate entrance from the side of the house which would enable an easy conversion to a 2/1 apartment.

MLS#

13610665

List Price

$965,000 ($226/Sqft.)

Listing Status

For Sale

Address

2828 Avenue Q 1/2

City

Galveston

State

Zip Code

77550

County

Galveston County

Subdivision

Galveston Outlots (View subdivision price trend)

Legal Description

ABST 628 M B MENARD SUR LOT 14 NW BLK 115 GALVESTON OUTLOTS

Property Type

Multi-Family - Triplex

Stories

1.5

Building Size

4,273 Sqft/Appraisal District

Year Built

1956 /Appraisal District

Lot Size

5,160 Sqft./Appraisal District

Key Map©

774V

Market Area

East End

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PRESENTED BY

Charles Leiber Platinum

Coldwell Banker Properties

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Exterior

Roof

Composition

Exterior Type

Brick, Wood

Lot Description

Subdivision Lot

Interior

Cooling

Other Cooling

Heating

Other Heating

Lot information

Lot Size

5,160 Sqft. /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

2.5%

Sub Agent Compensation*

2.5%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Other Fees

Maintenance Fee

Taxes w/o Exemp

$10,170/2023

Tax Rate

1.7477

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Down Payment Assistance

This property may be eligible for 10 programs and up to $45,837 in down payment assistance. See More →

Mortgage

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.