Listing Courtesy of: Lauren Peak - Fairdale Realty
832-559-0880
$391,990
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5015 Avenue M Galveston, TX 77551
Multi-Family
Residence
4
Beds
2
Baths
Sq. Ft.
Property Activity
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**BRAND NEW ROOFS JUST INSTALLED ON ALL THREE UNITS!!** Welcome to 5015 Avenue M, a strategically located triplex offering an exceptional opportunity for investors seeking steady rental income in the heart of Galveston, TX. Unit one (the front main house) consists of four bedrooms and two bathrooms,... central AC, storm shutters, and vinyl flooring. Units two and three in the back of the property include two bedrooms and one bathroom each, recently renovated with updated kitchens and bathrooms with vinyl flooring. Consistently high occupancy rates with long-term tenants. Rental income of $4676 total per month, with potential for rent increases in line with market trends. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to real estate investment, this triplex represents a rare opportunity to acquire a turnkey property with immediate income potential!! Repair/upgrade list available upon request (also in attachments for agents)
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MLS#
67377815
Property Type
Multi-Family
Bedrooms
4
Bathrooms
2 Full
Year Built
1953
Price per Sq. Ft.
$137.11
Stories
1.0
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