NOT LISTED FOR SALE
24 Beds
2 Baths
13,100 Sq Ft
10,272 Sq Ft Lot

Last Sold April 18, 2017

11 Days on Market

Highlights

  • 0.24 Acre Lot
  • No HOA
  • Wood Fence
  • Oppe Elementary School Rated A-
  • Tile Flooring
  • Wood Siding

About This Home

As of April 2017

Location location- Add this one to your rental portfolio. 100% occupied. Mixture Section 8 and market rate tenants. Many long-term tenants that like their apartment complex. One unit has W/D hookups. All units central air and heat. Water and trash paid by owner. Tenants pay electric. No gas. Separate water heaters in each unit.

Last Agent to Sell the Property

Karol Deem

Deem Realty Galveston License #0460708 Listed on: 01/29/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,514

Year Built

  • Built in 1971

Lot Details

  • 10,272 Sq Ft Lot
  • Wood Fence

Home Design

  • 13,100 Sq Ft Home
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 351001333009000

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • Galveston Outlots Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $61,200
  • Gross Income $117,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,514

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2358
  • Subdivision Name: Galveston Outlots
  • Directions: Hwy 45 to Galveston, turn right on 45th street and head toward Seawall. Avenue S turn left. Apartments 4 blocks down on the left
  • Year Built: 1971
  • NAV16_Elevator: N/A
  • NAV16_Alarm: N/A
  • NAV16_Cable_TV: No
  • NAV16_GasYN: No
  • NAV16_Pool_Svcs: No
  • NAV16_Water: None
  • NAV16_Trash_Collection: No
  • Special Features: None

Interior Features

  • Appliances: 1 Bedroom Unit: Oven/Range,Refrigerator, 2 Bedroom Unit: Oven/Range,Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 24
  • Flooring: Carpet, Vinyl, Tile
  • Interior Amenities: 1 Bedroom Unit: 1 Bath,Ceiling Fan(s), 2 Bedroom Unit: 1 Bath,Ceiling Fan(s)
  • Living Area: 13100

Exterior Features

  • Fencing: Wood
  • Disclosures: Owner Licensed
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Roof: Composition

Utilities

  • Electricity On Property: Yes
  • Sewer: None
  • Utilities: Cable Connected, Water Connected, Electricity Connected, Trash Pickup Private on Site

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Pets Allowed

Lot Info

  • Lot Size Sq Ft: 10272
  • Parcel #: 351001333009000
  • Zoning Description: Neighborhood Services
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 16
  • Annual Gross Income: 117600
  • Annual Operating Expense: 61200

Tax Info

  • Tax Annual Amount: 8514

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2017 04/18/17 Sold -- -- --
02/10/2017 02/10/17 Pending -- -- --
01/29/2017 01/29/17 For Sale $599,000 -- $46 / Sq Ft
Source: Galveston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: Galveston Association of REALTORS®

MLS Number: 20170280