Erika Jones - Tribe The Agency
5103 Avenue O
Galveston, TEXAS 77551

Description

GREAT INCOME EARNER AND FULLY RENTED!!! 8 units, all 1 bed 1 bath - easy to rent and stay full, Section 8 eligible. Well maintained, great location on the Island, bus stop right across the street, 5 parking spots plus street parking, separately metered, landlord pays for Water, LOW TAXES! No carpet in the units, appliances 4 years old or newer, all units have 2 window air conditioners, all conditioners are 5 years old or newer, ceiling fans in all units, hot water heaters approx 4 years old, roof 2011, interior paint 2015 and newer, exterior paint approximately 2015. Leases up for renewal from 6 to 9 months, and all units expected to renew. Exterior made tenant friendly with designated areas for smoking, room for bikes to be stored on the side of the building, swing in back. Update to increase rents even further, or convert to vacation rentals - lots of opportunity for income growth here!!!

Details

MLS#89937360
Sub-TypeResale
StatusPending
Year1978
Days On Site73

Features

SQ Feet4,752
Units1
Building(s)1

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Area Information

StateTexas
CountyGalveston
CityGalveston
Zip Code77551
Area33
Listing VS Median (in 77551)
Price:
$469,900
low | high
Med:
$166,000
100% of Average
SqFt:
4,752
low | high
Med:
1,250
100% of Average
$ / SqFt:
$99
low | high
Med:
$176
28.273454645794% of Average
On Site:
73
low | high
Med:
157
46.496815286624% of Average
Listing Updated: 12/14/2018
MLS Number: 89937360
Listing Provided By:
Tammy Petterson  of  UTR TEXAS REALTORS