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$391,990

Listing Price

4beds

2baths

2,687sqft

5,996sqft lot

5015 Avenue M, Galveston, TX 77551

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

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For Sale

Off Market

Single Family

Home type

--

Price / sqft

1953

Year built

Home Details

**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!! Repair/upgrade list available upon request (also in attachments for agents)

Interior Details

Square Feet
  • 2687

Bedrooms
  • 4

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5996

Water
  • No

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    5

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Conventional

Exterior
  • Wood

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$4,849

$24,740

$200,260

--%

$225,000

2019

$4,849

$24,740

$177,600

--%

$202,340

2018

$5,055

$24,740

$180,260

--%

$205,000

2017

$5,119

$24,740

$182,140

--%

$206,880

2016

$4,318

$24,740

$151,890

--%

$176,630

2015

$3,556

$24,740

$64,860

--%

$89,600

2013

$2,278

$24,740

$64,860

--%

$89,600

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Average Home Price in 77551

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
391,990
$
Down payment
78,398
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,351.94
$
HOA (Monthly)
0
$
PMI
0
$
$2,537
Your Payment
Total Monthly Payment:$2,537
Percent of Income:43%
Affordable:No

Details for 5015 AVENUE M

Property Debt

Foreclosure Contact Details