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5015 Avenue M
Galveston TX 77551 US

$399,990

Active Listing ID 54773632
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4 bed
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2.00 Bath (2 Full)
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Triplex

$399,990

Active Listing ID 54773632
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5015 Avenue M 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. This property consists of three separate units, each uniquely designed to maximize comfort and functionality while ensuring a lucrative return on investment. 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, 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!!

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 2
  • Cooling System: Window Unit(s) A/C
  • Roof Type: Composition
  • Heating Fuels: Central Furnace

School Information

  • School
  • GISD OPEN ENROLL(Elementary)
  • Gisd Open Enroll(MiddleSchool)
  • Ball High School(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Triplex
  • listprice: 399990
  • unparsedaddress: 5015 Avenue M
  • postalcity: Galveston
  • stateorprovince: TX
  • country: US
  • postalcode: 77551
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 2859
  • livingareaunits: Square Feet
  • latitude: 29.28885
  • longitude: -94.822482
  • listagentfullname: Lauren Peak
  • listagentemail: laurenpeakgotthekeys@gmail.com
  • listagentkey: 3yd-HARMLSTX-lpeak
  • listagentmlsid: lpeak
  • listagentpreferredphone: 8325590887
  • listagentofficephone: 8325590887
  • listofficekey: 3yd-HARMLSTX-FRTX01
  • listagentstatelicense: 0680578
  • listofficemlsid: FRTX01
  • disclaimer: Copyright © 2024 Houston Realtors Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: HARMLSTX
  • yearbuilt: 1953
  • listingcontractdate: 2024-06-24
  • countyorparish: Galveston
  • parcelnumber: 2965-0042-0006-000
  • elementaryschool: GISD OPEN ENROLL
  • highschool: BALL HIGH SCHOOL
  • elementaryschooldistrict: 22 - Galveston
  • middleorjuniorschooldistrict: 22 - Galveston
  • highschooldistrict: 22 - Galveston
  • cooling: Window Unit(s) A/C
  • heating: Central Furnace
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -94.82248, 29.28885
  • customfields: {"AlternatePrices":[], "BrokerName":"Fairdale Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"laurenpeakgotthekeys@gmail.com", "ListBrokerageCity":"Houston", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kay@theamoogroup.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Fairdale Realty", "ListBrokeragePhone":"832-559-0880", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1855 Barker Cypress Road #140", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1855 Barker Cypress Road #140", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Houston", "ListOfficeCountry":"US", "ListOfficeEmail":"victor@victorlofinmakin.com", "ListOfficePostalCode":"77084", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - Galveston, TX", "ListingURL":"https://listings.listhub.net/pages/HARMLSTX/54773632/?channel=rexren", "MLSModificationTimestamp":"2024-08-14T15:20:08Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8840, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/18/2024 5:47:36 AM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Lauren Peak, Fairdale Realty, laurenpeakgotthekeys@gmail.com

Copyright © 2024 Houston Realtors Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.