1515 19th Street,Galveston, TX 77550
Galveston, TX 77550
Description
Turnkey 6 unit- income producing property just minutes from UTMB and the beach. Fully remodeled and 100% occupied, this Galveston multifamily offers strong in place income with immediate cash flow and future upside. The property features six units total: One 2- bedroom 1 bath, four 1-bedroom 1 baths and one efficiency. All units are fully furnished and beautifully updated, making them ideal for long term or short term rental flexibility. A true standout is the expansive outdoor pavilion, designed for gathering entertaining, It includes multiple seating ares, custom pergolas, string lighting and a central fountain space., creating a resort-like atmosphere. The pavilion also offers room for expansion, adding additional income potential, Located just six blocks from the beach on an extra-wide street with bike lanes and less then 2 miles from the UT Medical Branch. Property is perfectly positioned for consistent tenant demand from medical professionals, students, and vacation renters.
Details
| MLS # | 9373301 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 137 |
| Listing Provided By | M.J.R. Real Estate | Michael Ramirez |
Features
| SQ Feet | 3,761 |
|---|---|
| Story(s) | 2 |
| Units | 6 |
| Acreage | 8350.00 |
Exterior
| Lot Features | Corner Lot, Subdivision |
|---|
Taxes
| Tax Annual Amount | 13327 |
|---|
Location
| Community Features | Playground |
|---|
Area Information
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | 33 |
| Subarea | East End |
| Community Name | Galveston Outlots |
| Listing VS Median (in Galveston Outlots) | |
Price: $749,900 low | high Med: $299,900 sqft: 3,761 low | high Med: 1,544 $ / sqft: $199 low | high Med: $194 On site: 137 low | high Med: 72 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | 33 |
| Subarea | East End |
| Community Name | Galveston Outlots |
| Listing VS Median (in Galveston Outlots) | |
Price: $749,900 low | high Med: $299,900 sqft: 3,761 low | high Med: 1,544 $ / sqft: $199 low | high Med: $194 On site: 137 low | high Med: 72 | |
