1515 19th St, Galveston, TX 77550

$749,900
3,761
SqFt

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List Price
$749,900
Status
ACTIVE
MLS#
9373301
Price Change
▼ $100,000 1785940502
Days on Market
131
Year Built
1970
Style
Split Level
Living Area
3,761
Lot Size
8,350
Lot Size Source
Appraiser
Subdivision
Galveston Outlots
Region
33
Market Area
East End
County
Galveston

Property Description

Turnkey 6 unit- income producing property just minutes from UTMB and the beach. Fully remodeled and 100% occupied, this Galveston multifamily offers strong in place income with immediate cash flow and future upside. The property features six units total: One 2- bedroom 1 bath, four 1-bedroom 1 baths and one efficiency. All units are fully furnished and beautifully updated, making them ideal for long term or short term rental flexibility. A true standout is the expansive outdoor pavilion, designed for gathering entertaining, It includes multiple seating ares, custom pergolas, string lighting and a central fountain space., creating a resort-like atmosphere. The pavilion also offers room for expansion, adding additional income potential, Located just six blocks from the beach on an extra-wide street with bike lanes and less then 2 miles from the UT Medical Branch. Property is perfectly positioned for consistent tenant demand from medical professionals, students, and vacation renters.

Additional Information

Finance Available
Cash, Conventional, Investor Financing
Taxes
$13,327
Neighborhood
East End
Interior Features
Balcony, Ceiling Fans
Heating
Window Unit(s)
Cooling
Window/Wall
Stories
2
Utilities
Cable Available, Electricity Available, Natural Gas Available, Water Available
Lot Description
Corner Lot, Subdivision
Appliances
Dishwasher, Disposal, Refrigerator
Roof
Composition
School District
Galveston
Elementary School
Gisd Open Enroll
Middle School
Gisd Open Enroll
High School
Ball High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of M.J.R. Real Estate.