1. Texas
  2. Galveston
  3. 5015 Avenue M
$391,990

5015 Avenue M, Galveston, TX 77551

  • 4 beds |
  • 2 baths |
  • 2,859 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon5,994sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $137/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

**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!!

Listing Status:
Active
Listing Office:
Jason Mitchell Real Estate LLC : 623-570-2789
Listing Agent:
Lauren Peak : 1+832-707-2072
MLS ID:
67377815
  • A/C: GasWindow Unit(s)
  • Heating: ElectricWindow Unit

This listing courtesy of Lauren Peak, Jason Mitchell Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Burnet STREAM Magnet School

5501 Avenue S, Galveston, TX, 77551

Grades PK-4

0.86 miles away

A

AIM College and Career Preperatory Academy

5200 Ave N1 2, Galveston, TX, 77550

Grades 6-12

0.17 miles away

B

Ball High School

4115 Avenue O, Galveston, TX, 77550

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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3309 Avenue N, Galveston, TX 77550
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$410,000

  • 3 bed |
  • 2 bath |
  • 2,598 sqft |
  • 5,140 sqft lot
3309 Avenue N Galveston, TX 77550

#35605601 - Texas Premier Realty