1028 Avenue K, Galveston TX, 77550
(Active)
$450,000
|
2 beds, 1 Full baths, 2,718 sqft
|
MLS# 78555778
Last Updated: 5/20/2024 12:10 AM
Description for
1028 Avenue K
Galveston, TX 77550
Wonderful opportunity to purchase a triplex, live in one unit and rent out the other two! This property was completely remodeled from the studs in, in compliance to the 7 code permits that were approved by the City of Galveston in 2019. Great location close to UTMB, shopping and entertainment. Two are fully furnished 2 bedroom, 1 bath units with tastefully decorated interiors. Both have a washer and dryer located inside each unit for added convenience. The bottom unit has a small fenced patio area, while the upstairs unit has the balcony. Third unit has the same finishes as the other two unit just a bit smaller. This unit has central A/C and is being sold with the washer and dryer but without any furnishings. There is a current long term tenant until summer. The duplex portion of the property had been used as short-term rentals. There are no financials for the duplex.
Price
$450,000
Galveston Townsite
Galveston
2
1 Full
2,718 (approx)
78555778
Active
Description
Wonderful opportunity to purchase a triplex, live in one unit and rent out the other two! This property was completely remodeled from the studs in, in compliance to the 7 code permits that were approved by the City of Galveston in 2019. Great location close to UTMB, shopping and entertainment. Two are fully furnished 2 bedroom, 1 bath units with tastefully decorated interiors. Both have a washer and dryer located inside each unit for added convenience. The bottom unit has a small fenced patio area, while the upstairs unit has the balcony. Third unit has the same finishes as the other two unit just a bit smaller. This unit has central A/C and is being sold with the washer and dryer but without any furnishings. There is a current long term tenant until summer. The duplex portion of the property had been used as short-term rentals. There are no financials for the duplex.
Listing Information
| Property Type: Triplex, Multi-Family, 2 Story | ||
| 2 | 1 Full | |
| 2,718 (approx) | 1960 | 2 |
Galveston Townsite
Neighborhood
School Information
| District: 22 - Galveston | ||
| GISD OPEN ENROLL | GISD OPEN ENROLL | BALL HIGH SCHOOL |
Room Information
| Bathrooms | |||
| 1 | |||
Interior Features
Dishwasher, Disposal, Microwave, Range, Refrigerator
Vinyl
Central Air, Ceiling Fan(s)
Electric Heating,
Central
Exterior / Lot Features
Composition
43 x 61.5
Balcony,
Corner Lot
Driving Directions
I-45 South to Galveston; Continue straight onto Broadway; Take a right on 11th Street; Duplex is located on corner of 11th and Avenue K
Financial Considerations
| 3505-0130-0014-002 |
| $4,159 |
Listing Price History
Galveston Real Estate
Galveston is located in Texas. Galveston, Texas 77550 has a population of 52,230.
The median household income in Galveston, Texas 77550 is $47,800. The median household income for the surrounding county is $78,479 compared to the national median of $66,222. The median age of people living in Galveston 77550 is 39 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/16/2024 | Active | $450,000 USD -5.26% |
|
| 3/26/2024 | Active | $475,000 USD -4.04% |
|
| 2/8/2024 | Active | $495,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2022 | $4,837 USD | -6.35% | $325,560 USD | - |
| 2021 | $5,165 USD | -7.55% | $325,560 USD | 31.82% |
| 2020 | $5,587 USD | 4.84% | $246,980 USD | - |
| 2019 | $5,329 USD | 97.95% | $246,980 USD | -43.84% |
| 2018 | $2,692 USD | -36.46% | $439,750 USD | 302.81% |