3102 Avenue R Galveston, TX ^$ 900,000

3102 Avenue R

^$ 900,000

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3102 Avenue R

Galveston, TX, 77550

^$ 900,000

Studio Baths5.0 Sq 4,871

Monthly Estimate*

^$ 6,287

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Studio

Multi-Family Home for sale in Galveston, TX

for $900,000 with 5 full baths. This 4,871 square foot home was built in 1955 on a lot size of 0.117906.

Outstanding opportunity to own 7 doors in Galveston by the Seawall Blvd! It is currently 100% leased; However, new landlord will have a golden chance to update most of the leases for better revenue! This property sits walking distance away from desirable restaurants like The Spot, Island Time Beach Bar, The Poop Deck and more, but the best fun place would be Historic Pleasure Pier a short walk away! Worry free with no HOA, city water and sewer, tenants pay all utilities, and roof has been replaced in 2017. Each unit has kitchen and full bath, while some with 2 bedrooms but some are single units. Don’t miss this rare chance to own a piece of Galveston by the seawall!

Multi-Family Active

Price

^$ 900,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 13,385

Style

Multi-Family

Lot Size

0.117906

Year Built

1955

Town/City

Galveston

County/Region

Galveston

MLS | Web ID

20475001

Features

General

Heating No Heating

Utilities Electric Water

Roof Composition

Restrictions Unknown

Occupancy Rental

Full Baths 5

Year Built 1955

New Construction 0

Subdivision Galveston Outlots

Stories 2

County Galveston

Tax Rate 2.0161

Property Type Multi-Family

Yearly Taxes 13385

Tax Year 2023

Status Active

Sub Type 5 Plus

Directions Head South on 32nd Rear St toward Broadway turn right onto Broadway Avenue J turn left onto 33rd St turn left onto Bernardo De Galvez Ave turn right at the 2nd cross street onto 31st St turn right on

City Galveston

Disclosures Sellers Disclosure

School District 22 - Galveston

Street Name Avenue R

Geo Market Area East End

DOM 269

Maintenance Fee Y/N 0

Elementary School GISD OPEN ENROLL

Middle School GISD OPEN ENROLL

Finance Available Cash Sale Conventional Investor

High School BALL HIGH SCHOOL

List Type Exclusive Right to Sell/Lease

Unit Total 7

Exterior

Siding Brick Wood

Lot Size Source Appraisal District

Lot Size 5136

Interior

Disposal 0

Refrigerator 0

Range 0

Dishwasher 0

Total Baths 5.00

* Excluded Features

List By

Space City Realty, Llc

Broker

annie@alienasset.com

Affordability Calculator

$7,402

Per Month

Monthly Principal & Interest: $6,287
Monthly Property Taxes: $1,115
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Galveston, TX

Average List Price ^$652,241

Percent of Sale Price 28%

About Galveston, TX

52,965 Population

-9% Since 2002

^$46,705 Median Income

38.43 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1772860 Elementary School

1771540 Middle School

Ball High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/8/2024	$900,000	-8.16%	Price Down
10/31/2023	$980,000	-10.83%	Price Down
8/21/2023	$1,099,000		Listed Price

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3102 Avenue R, Galveston, TX, 77550 is a Multi-Family Home for sale at $900,000 with 4,871 sqft and a lot size of 0.117906. 3102 Avenue R is a studio with 5.0 baths and was built in 1955. The property's zip code is 77550 which is in Galveston, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange (IDX) Program of the Houston Realtors Information Service, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/20/2024.

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3102 Avenue R

Multi-Family Home for sale in Galveston, TX

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