1516 Avenue K

1516 Avenue K

Galveston, TX 77550

$725,000
Price
3
Beds
1
Bath
2,919 Sq. Ft.
$248 / Sq. Ft.
2,919
Sq. Ft.
$248
per Sq. Ft.
a view of a house with a yard
a front view of a house with garden
a front view of a house with a yard
a view of residential houses with outdoor space
a aerial view of a house with a big yard and potted plants
an aerial view of residential houses with outdoor space
an aerial view of residential houses with outdoor space
a kitchen with cabinets a stainless steel appliances and wooden floor
a kitchen with granite countertop white cabinets and white appliances
a kitchen with stainless steel appliances a stove and cabinets
a view of a kitchen with a sink
a view of a big room with wooden floor a ceiling fan and windows
a view of a room with wooden floor
a view of a room with an empty space
a view of empty room with window and wooden floor
view of a room with wooden floor
a bathroom with a sink a toilet and a mirror
a view of an empty room with wooden floor and a window
a bathroom with a sink
a bathroom with a bathtub and a shower
a utility room with dryer and washer
a kitchen with stainless steel appliances a stove a microwave and a refrigerator
a kitchen with stainless steel appliances granite countertop a sink a stove and a refrigerator
a bathroom with a toilet a sink and mirror
an empty room with a window
a view of a room with wooden floor and a hallway
a large kitchen with stainless steel appliances granite countertop a stove and a sink
a bathroom with a toilet a sink and a bathtub
a utility room with dryer and washer

Description

Strong Investment Opportunity located just 6 blocks from the beach in Galveston and just a short bike ride to the various medical centers,Universities and the Historic Strand. This newly renovated modern 4 plex is currently rented and generating income from tenants. Each unit upstairs is a 1/1 equipped with all new stainless steel appliances,quartz countertops, mini splits and. Washer/dryer in each of the 4 units. The downstairs front unit is a 2/1 and the back unit is a 3/1. Don’t let this incredible...Strong Investment Opportunity located just 6 blocks from the beach in Galveston and just a short bike ride to the various medical centers,Universities and the Historic Strand. This newly renovated modern 4 plex is currently rented and generating income from tenants. Each unit upstairs is a 1/1 equipped with all new stainless steel appliances,quartz countertops, mini splits and. Washer/dryer in each of the 4 units. The downstairs front unit is a 2/1 and the back unit is a 3/1. Don’t let this incredible investment opportunity pass you by.
  1. Listed by Veronica Elorza • TREC #0559266 • Texas Ally Real Estate Group, LLC

Property Details for 1516 Avenue K

Area
33
Geo Market Area
East End
Subdivision
Galveston Townsite
School District
22 - Galveston
Cool System
Other Cooling

Location

Listing Courtesy of Texas Ally Real Estate Group, LLC, Veronica Elorza, TREC #0559266
Add your commute
LISTING UPDATED: 04/11/2024 05:57 PM

Property Details for 1516 Avenue K

StatusActive
MLS #14386363
Days on Market36
Taxes$11,553 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1960
Lot Size0.12 AC / 5,140 SF
CountyGalveston County

Location

Listing Courtesy of Texas Ally Real Estate Group, LLC, Veronica Elorza, TREC #0559266
Add your commute

Building Information for 1516 Avenue K

Stories2Residences3Year Built1960Building Size-Lot Size0.12 AC / 5,140 SF

Payment Calculator

$4,919 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,957

Property Taxes

$963

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1516 Avenue K

Description Information
School Details
  • School Elementary: GISD OPEN ENROLL
  • School Middle: GISD OPEN ENROLL
  • School High: BALL HIGH SCHOOL
Building Details
  • Stories: 2
  • Unit Total: 4
  • New Construction: No
  • Year Built Src: Appraisal District
Lot Information
  • Sq Ft Source: Appraisal District
  • Lot Size Source: Appraisal District
  • Section Num: 0
  • Parcel Number: 3505-0135-0011-000
Parking
  • Parking Features: Driveway Gate, Off Site Parking
  • Parking Unit: One
Unit Information
Unit 1
  • Unit Type: 2 Bedrooms
  • BR 1 Dimensions: 2
Unit 2
  • Unit Type: 3 Bedrooms
  • BR 1 Dimensions: 3
Unit 3
  • Unit Type: 1 Bedroom
  • BR 1 Dimensions: 1
Interior Exterior Utilities and Additional Information
Interior Features
  • Microwave: Yes
  • Dishwasher: Yes
  • Refrigerator: Yes
  • Energy: Ceiling Fans
  • Range: Yes
  • Floors: Laminate
  • Countertops: Quartz
  • Misc Features: Central Laundry
Exterior Features
  • Roof: Composition
  • Siding: Cement Board
  • Utilities: Electric, Water
  • Heat System: Other Heating
  • 55+ Community: No
Financial Information
HOA and Fees
  • Maintenance Fee: No
  • Fee Other: No
  • Tax Year: 2023
  • Tax Rate: 1.75%
Financial Information
  • Tenancy Type: 1 Year

Property History for 1516 Avenue K

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1516 Avenue K

Taxable ValueLand$62,970Additions$598,100Total$661,070
Tax Record2018$3,192 ($266 / month)
Home Facts
Beds0Baths3Total Finished SqFt2,919 SqFtAbove Grade Finished SqFt2,919 SqFtStories1Lot Size5,140 SqFtStyleSingle Family ResidenceYear Built1960Year Renovated2005CountyGALVESTONAPN3505-0135-0011-000

Schools near 1516 Avenue K

This home is within Galveston Independent School District.
Rating
School
Type
Grades
Distance
Rosenberg El Laboratory for Learning and Leading
Public - PK to 4
Morgan Elementary Magnet School
Public - PK to 4
Burnet Elementary School
Public - PK to 4
Austin Middle School
Public - 5 to 8
Rating
School
Distance
Rosenberg El Laboratory for Learning and Leading
PublicPK to 4

Morgan Elementary Magnet School
PublicPK to 4

Burnet Elementary School
PublicPK to 4

Austin Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1516 Avenue K, Galveston, TX 77550

1516 Avenue K is a multi-family home for sale in Galveston, TX 77550. This property was listed for sale on March 21, 2024 by Texas Ally Real Estate Group, LLC, it's currently listed at $725,000. It has been on the market for a total of 36 days and was last sold on October 29, 2020. This listing's school district is Galveston Independent School District. Nearby schools include Rosenberg El Laboratory for Learning and Leading, Morgan Elementary Magnet School and Burnet Elementary School. 1516 Avenue K is a 3-bed, 1-bath, 2,919 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Texas Ally Real Estate Group, LLC, Veronica Elorza, TREC #0559266

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