Galveston.com  Multi-Family Real Estate Sales Listings : 1122 45th


PinterestDescription: Multi-Family Real Estate Sales Listings 1122 45th - Galveston, TX 77550
MULTI-FAMILY

List Price: $525,000

1122 45th
Galveston, TX 77550

generalmapphotos

REMARKS

Great investment opportunity! Business not for sale just this large building . It consists 1 commercial & 2 residential units a fenced in courtyard and a 3 car garage, Property is located on the corner of 45th and Ave L, Commercial space is currently leased to Knapp Floral shop and is 3940 sq.ft The 2 residential units are both 3/2 and have central A/C and wood floors. The residence on Ave L is 2340 sq ft. (Tenant # 1) . Tenant #2 unit is 1407 sq ft. and has a lovely screened in porch. Commercial and Tenant 1 pay only electric . Landlord pays Gas Trash and water. Tenant 2 pays all bills. Landlord also pays for sprinkler on separate water bill. Leases run through June 2020 for commercial space and tenant #2. Tenant 1's lease is up 6/2019. Property was updated after 2008 storm, a real gem!

DETAILS

MLS Number
20182856
Type
Triplex
Area
Midtown (In Town)
List Price
$525,000
Total Units
3
No 3 Bedrooms
2
Apx Size Main Bldg
7,727 SqFt
Gross Tax Total
$5,070
Gross Annual Income
$64,800
Legal Description
Lots 13 &14 BLK 104 Galveston

FEATURES

Foundation
Slab
Pier/Beam
Roof
Composition
Construction
Brick
Wood Siding
Floor Coverings
Wood
Carpet
Tile
Fencing
Partial
Miscellaneous
Separate Meters
Master Meter
3 Bedroom Unit Features
Ceiling Fan(s)
Oven/Range
2 Baths
Balcony/Patio/Porch
 
 
This property is listed with Tom Schwenk with Tom's Galveston Real Estate.