1515 19TH STREET, GALVESTON, TX 77550

Homes for sale in Galveston.

Homes for sale in 77550.


1515 19th Street

Galveston, TX 77550

Active

List Price$925,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #9373301

3,761

Square Feet

6

Number of Units

Multi-Unit Residential

Type

About This Property

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.

Property Features

Location Information

County

Galveston

Longitude

-94.785846

MLS Area

East End

Subdivision

Galveston Outlots

Latitude

29.296319

Directions

I-45 TO GALVESTON STAY ON SH-87/BROADWAY RIGHT ON 19TH ON CORNER AVENUE N

Interior Features

Interior

Balcony, Ceiling Fan(s)

Total Number of Units

6

Exterior Features

Style

Split Level

Lot Description

Corner Lot, Subdivision

Stories

2

Lot Size in Acres

0

Is New Construction

No

Lot Size in Sq. Ft.

8,350

Construction

Wood Siding

Is One Story

No

School

School District

Galveston

Middle School

GISD OPEN ENROLL

Elementary School

GISD OPEN ENROLL

High School

BALL HIGH SCHOOL

Additional Information

Finance Available

Cash, Conventional, Investor Financing

Year Built

1970

Property Type

RI

Status

Active

Property SubType

Multi Family

Similar Listings

Mortgage Calculator

$4,318

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,333

Monthly Tax

$770

Monthly Insurance

$215

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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