5201 Ave South

Galveston, TX 77551

$509,900
Price
Beds
1,795 Sq. Ft.
$284 / Sq. Ft.
1,795
Sq. Ft.
$284
per Sq. Ft.

Description

This property will be a great location for your business here in Galveston! Please note this property consists of two 3000 s.f. lots. This muiti-family property has a business office with a huge, fenced 2500 s.f. asphalt parking lot, and two nice sized residential units which will have a one year's lease each upon sale. One residential unit is a two bedroom, one full bathroom. The other residential unit is a one bedroom, one full bathroom. The business office has a lobby, an office separated by a...This property will be a great location for your business here in Galveston! Please note this property consists of two 3000 s.f. lots. This muiti-family property has a business office with a huge, fenced 2500 s.f. asphalt parking lot, and two nice sized residential units which will have a one year's lease each upon sale. One residential unit is a two bedroom, one full bathroom. The other residential unit is a one bedroom, one full bathroom. The business office has a lobby, an office separated by a locked door and a half bathroom. Plenty of drive by traffic for your business. Make your appointment today to view this amazing property! No pictures of 1 bedroom unit for privacy. Currently the property has $3100 a month in rental income.
  1. Listed by Natalie Gutierrez • TREC #0740484 • Berkshire Hathaway Home Services

Property Details for 5201 Ave South

Area
33
Geo Market Area
Midtown - Galveston
Subdivision
Denver Resurvey
School District
22 - Galveston
Cool System
Central Electric

Location

Listing Courtesy of Berkshire Hathaway Home Services, Natalie Gutierrez, TREC #0740484
Add your commute
LISTING UPDATED: 04/25/2024 12:07 PM

Property Details for 5201 Ave South

StatusActive
MLS #65133276
Days on Market92
Taxes$4,194 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Triplex
Year Built1940
Lot Size0.07 AC / 3,000 SF
CountyGalveston County

Location

Listing Courtesy of Berkshire Hathaway Home Services, Natalie Gutierrez, TREC #0740484
Add your commute

Building Information for 5201 Ave South

Stories1Residences3Year Built1940Building Size-Lot Size0.07 AC / 3,000 SF

Payment Calculator

$3,132 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,783

Property Taxes

$350

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5201 Ave South

Description Information
School Details
  • School Elementary: GISD OPEN ENROLL
  • School Middle: GISD OPEN ENROLL
  • School High: BALL HIGH SCHOOL
Building Details
  • Stories: 1
  • Unit Total: 3
  • Front Door Faces: East
  • Access: Automatic Gate
  • New Construction: No
  • Year Built Src: Appraisal District
Lot Information
  • Sq Ft Source: Appraisal District
  • Lot Size Source: Appraisal District
  • Section Num: 176
  • Parcel Number: 2965-0176-0011-001
Unit Information
Unit 1
  • Unit Type: 2 Bedrooms
  • BR 1 Dimensions: 12x10
  • BR 2 Dimensions: 10x10
  • Living Room Dimensions: 12x10
  • Kitchen Dimensions: 10x10
Unit 2
  • Unit Type: 1 Bedroom
  • BR 1 Dimensions: 12x18
  • Living Room Dimensions: 12x10
  • Kitchen Dimensions: 10x10
Unit 3
  • Unit Type: Studio
  • BR 1 Dimensions: 12x10
  • Living Room Dimensions: 5x10
Interior Exterior Utilities and Additional Information
Interior Features
  • Microwave: Yes
  • Refrigerator: Yes
Exterior Features
  • Lot Description: Corner
  • Roof: Composition
  • Siding: Wood
  • Utilities: Electric, Water
  • Heat System: Central Electric
  • 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 5201 Ave South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5201 Ave South

Taxable ValueLand$36,750Additions$203,250Total$240,000
Tax Record2018$1,821 ($152 / month)
Home Facts
Total Finished SqFt1,795 SqFtAbove Grade Finished SqFt1,795 SqFtStories1Lot Size3,001 SqFtStyleMiscellaneous CommercialYear Built1940Year Renovated2000CountyGALVESTONAPN2965-0176-0011-001Fireplace TypeHas Fireplace

Schools near 5201 Ave South

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 - PK to 4
Rating
School
Distance
Parker El
PublicPK to 4

Morgan Elementary Magnet School
PublicPK to 4

Oppe Elementary School
PublicPK to 4

Burnet Elementary School
PublicPK to 4

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

5201 Ave South is a multi-family home for sale in Galveston, TX 77551. This property was listed for sale on January 29, 2024 by Berkshire Hathaway Home Services, it's currently listed at $509,900. This listing's school district is Galveston Independent School District. Nearby schools include Parker El, Morgan Elementary Magnet School and Oppe Elementary School. 5201 Ave South is a 0-bed, 0-bath, 1,795 sqft multi-family home built in 1940.

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 Berkshire Hathaway Home Services, Natalie Gutierrez, TREC #0740484

Copyright © 2024, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.