4715 AVENUE R 1/2, GALVESTON, TX 77551
Homes for sale in Galveston.
Homes for sale in 77551.
4715 Avenue R 1/2
Galveston, TX 77551
List Price$375,000
Listing #88449030
5
Bedrooms
3 full
Bathrooms
2,048
Square Feet
3
Number of Units
Multi-Unit Residential
Type
About This Property
Discover a premier high-yield opportunity in the heart of Galveston with this versatile three-unit residential complex. This property perfectly balances space and income, featuring a sprawling 5-bedroom, 3-bathroom main house in the front--ideal for large families or high-occupancy rentals--and a detached 2-bedroom, 1-bathroom duplex in the rear. Generating an impressive $5,500 in monthly revenue, this turnkey asset is a cash-flow powerhouse designed for the savvy investor or the homeowner looking for a significant "house-hack." Beach & Boardwalk: Just a quick 1-mile bike ride to the famous Galveston Seawall and sandy beaches. The Hub of Activity: Minutes away from UTMB (University of Texas Medical Branch) and The Strand Historic District, making it a prime spot for medical professionals and students. Family Favorites: A short drive to Moody Gardens and Schlitterbahn Waterpark, ensuring your units stay in high demand year-round.
Property Features
Location Information
County
Galveston
Longitude
-94.815838
MLS Area
Midtown - Galveston
Subdivision
Hasselmeier Sw & Se 130
Latitude
29.28023
Directions
Continue on I-45 South as it crosses the bridge onto the island. Continue East on Broadway: Drive approximately 2.2 miles on Broadway. Turn Right onto Avenue R 1/2: Head south on 45th Street for about 0.6 miles. After crossing Avenue R, look for the smaller street labeled Avenue R 1/2 and turn right (West). Arrive at 4715 Avenue R 1/2: Drive approximately two blocks; your destination will be on the right (north side of the street), just past the intersection with 47th Street.
Interior Features
Interior
Window Treatments, Ceiling Fan(s)
Total Number of Units
3
Exterior Features
Stories
2
Has Garage
Yes
Is New Construction
No
Lot Size in Acres
0
Construction
Wood Siding
Lot Size in Sq. Ft.
5,100
Parking Description
Garage
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, FHA, Investor Financing
Year Built
1965
Property Type
RI
Status
Active
Property SubType
Detached
Similar Listings
Mortgage Calculator
$1,750
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,351
Monthly Tax
$312
Monthly Insurance
$87
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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