5623 Avenue Q, Galveston, TX 77551

1,750 Sqft. ($257/Sqft.)

4,800 Lot Sqft

Multi-Family - Fourplex

31 Day(s) on Market

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Description

Discover a fantastic investment opportunity with this fourplex located at 5623 Avenue Q in the heart of Galveston, TX. This property is perfect for investors looking to expand their portfolio with a solid, income-generating asset. Currently bringing in $3,490 in total monthly rent, this property promises consistent cash flow and an opportunity for you to live in one unit and rent out the other for an added tax advantage. Situated in a prime location, this property is just minutes away from Galveston’s beautiful beaches, historic Strand District, and local amenities, making it highly attractive to potential renters. Galveston’s thriving rental market ensures high occupancy rates and minimal vacancy periods. Don’t miss out on this exceptional investment property that combines location, consistent rental income, and potential for future appreciation. Contact us today to schedule a viewing and explore the possibilities that 5623 Avenue Q has to offer.

MLS#

91662260

List Price

$449,000 ($257/Sqft.)

Listing Status

For Sale

Address

5623 Avenue Q

City

Galveston

State

Zip Code

77551

County

Galveston County

Subdivision

N/A (View subdivision price trend)

Legal Description

ABST 628 M B MENARD SUR LOT 4 SPECIAL SUB AKA LOTS 1 THRU 12

Property Type

Multi-Family - Fourplex

Stories

Building Size

1,750 Sqft/Appraisal District

Year Built

1969 /Appraisal District

Lot Size

4,800 Sqft./Appraisal District

Key Map©

774X

Market Area

Midtown - Galveston

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PRESENTED BY

Laura Pena Platinum

4.97 / 5 (17 surveys)

Keller Williams Signature

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Central Electric

Heating

Central Gas

Lot information

Lot Size

4,800 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*

Sub Agent Compensation*

*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

$6,979/2023

Tax Rate

1.7477

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5623 Avenue Q

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Down Payment Assistance

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

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Subdivision Facts

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Market update video

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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.