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1516 Avenue K
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Galveston, TX 77550
$550,000

Location!! Location!! Location!!! Just a few minutes away from the very desirable historic district of Galveston. The nearby hospital just closed the on-site housing available for all medical students so there is a large demand for housing in the area. Not to mention your in close proximity to the port where large cruise ships come into town (perfect for people wanting to stay at an Airbnb for the weekend) This could be rehabbed and sold for a MASSIVE payday or kept as a 4plex for long-term/short term rental as a buy and hold cash flow property. Very few 4plex properties are available in all of Galveston because they no longer are approving them due to limited parking, but guess what? This property has PLENTY of parking! Street/driveway parking in the front and plenty of parking from alley access in the rear. Most of the rehab has already been completed. The investor ran out of money and wants out of the deal. A deal not to be missed!!!

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Lot Information
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
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General Description
Property Type
Multi-Family - Fourplex
Status
Active on Market
Bedrooms:
0 Bedrooms
Baths:
0 Full Bath(s)
Stories:
2 STORY
Year Built:
1960
Build SqFt:
2,919 Appraisal District
Lot Size:
5,140 Appraisal District
Bldg. Type:
Fourplex
Subdivision:
Galveston Townsite
Market Area:
East End
City / Zip:
Galveston / 77550
Key Map:
Page 775N
Days on Market:
76 day(s)
Room Dimensions
Data are not available ...
Interior Features
Cooling:
Central Electric
Heating:
Central Gas
Exterior Features
Roof:
Composition
School Information
District:
Galveston
Elem Sch:
GISD OPEN ENROLL
Middle Sch:
GISD OPEN ENROLL
High Sch:
BALL
Listing Broker: LUCID REALTY, LLC
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This email may ONLY be used to contact the agent / broker to schedule a showing of the MLS property listing and any other usage is prohibited.
Listing Broker: LUCID REALTY, LLC
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Last updated as of: 01/31/2023



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