5006 Avenue M

Galveston, TX 77551

$468,000
Price
Beds
5
Baths
2,904 Sq. Ft.
$161 / Sq. Ft.
2,904
Sq. Ft.
$161
per Sq. Ft.

Description

Turnkey Investment Opportunity! 5 units total - All with their own separate water & electric meters! No gas on the property. Landlord pays the hallway light for the fourplex only. The front building is a fourplex, and in the back there is a single-family home. Both buildings have new driveways with off street parking. The fourplex has electric washer/dryer connections in the hallway, perfect for coin laundry. The back house has its own electric washer/dryer connections. Rent Roll, survey & elevation...Turnkey Investment Opportunity! 5 units total - All with their own separate water & electric meters! No gas on the property. Landlord pays the hallway light for the fourplex only. The front building is a fourplex, and in the back there is a single-family home. Both buildings have new driveways with off street parking. The fourplex has electric washer/dryer connections in the hallway, perfect for coin laundry. The back house has its own electric washer/dryer connections. Rent Roll, survey & elevation certificates are in the attachments. Please call or text agent for more info.
  1. Listed by Kaylin Plumlee • TREC #0769443 • NB Elite Realty

Property Details for 5006 Avenue M

Area
33
Geo Market Area
Midtown - Galveston
Subdivision
Denver Resurvey
School District
22 - Galveston
Cool System
Other Cooling

Location

Listing Courtesy of NB Elite Realty, Kaylin Plumlee, TREC #0769443
Add your commute
LISTING UPDATED: 04/10/2024 10:36 AM

Property Details for 5006 Avenue M

StatusActive
MLS #55360221
Days on Market61
Taxes$5,239 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Plus
Year Built1958
Lot Size0.14 AC / 6,000 SF
CountyGalveston County

Location

Listing Courtesy of NB Elite Realty, Kaylin Plumlee, TREC #0769443
Add your commute

Building Information for 5006 Avenue M

Stories2Residences2Year Built1958Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$2,991 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,554

Property Taxes

$437

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5006 Avenue M

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: 5
  • 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: 2965-0031-0015-000
Unit Information
Unit 1
  • Unit Type: 2 Bedrooms
Unit 2
  • Unit Type: 1 Bedroom
Interior Exterior Utilities and Additional Information
Exterior Features
  • Roof: Composition
  • 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, Month to Month

Property History for 5006 Avenue M

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5006 Avenue M

Taxable ValueLand$73,500Additions$226,293Total$299,793
Tax Record2018$3,206 ($267 / month)
Home Facts
Baths5Total Finished SqFt2,904 SqFtAbove Grade Finished SqFt2,904 SqFtStories2Lot Size5,998 SqFtStyleDuplexYear Built1958Year Renovated1995CountyGALVESTONAPN2965-0031-0015-000

Schools near 5006 Avenue M

This home is within Galveston Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 4
Public - PK to 4
Public - 5 to 9
Rating
School
Distance
Burnet Elementary School
PublicPK to 4

Morgan Elementary Magnet School
PublicPK to 4

Parker El
PublicPK to 4

Scott Collegiate Academy
Public5 to 9

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.

Similar Homes

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5006 Avenue M is a multi-family home for sale in Galveston, TX 77551. This property was listed for sale on February 27, 2024 by NB Elite Realty, it's currently listed at $468,000. It has been on the market for a total of 61 days and was last sold on March 13, 2009. This listing's school district is Galveston Independent School District. Nearby schools include Burnet Elementary School, Morgan Elementary Magnet School and Parker El. 5006 Avenue M is a 0-bed, 5-bath, 2,904 sqft multi-family home built in 1958.

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 NB Elite Realty, Kaylin Plumlee, TREC #0769443

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