2201 48th Street

Galveston, TX 77551
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Sold
Sold
$552,001 - $627,000
Sold on September 22, 2022
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6,516 Sqft.
6,000 Lot Sqft
Multi-Family - Fourplex

Description

Investors-own a piece of historic Galveston! Property was once a thriving corner store in 1930s. 100% occupied and completely renovated, this former grocery store has now been converted into four, large residential units that are perfect for long or short term rentals. This sturdy, brick structure, located on a corner lot in Midtown Galveston, is convenient to beach, restaurants, bars, shopping, entertainment, Island attractions and Galveston College/A&M Galveston/UTMB. Each unit is self sufficient and includes, central HVAC; electric stove, refrigerator and dishwasher; two full bathrooms, primary bedrooms have ensuite baths; ceiling fans; blinds; washer/dryer hookups (at minimum); private entrances; separate meters; and a luxury in Galveston: ample street parking! Open concept, loft-style living; glass block; exposed galvanized ductwork; track lighting; concrete flooring; high ceilings; are other modern features that separate this property from other rental properties on the Island.

MLS#
34862443
Sold Price Range
$552,001 - $627,000
Listing Status
Sold
Address
2201 48th Street
City
State
TX
Zip Code
Legal Description
ABST 628 M B MENARD SUR N 80 FT OF LOTS 10,11 & 12 (10-1) BL
Property Type
Multi-Family - Fourplex
Stories
2
Year Built
1937 / Appraisal District
Building Size
6,516 Sqft/Appraisal District
Lot Size
6,000 Sqft./Appraisal District
Key Map©
774Y
Market Area

Exterior

Roof
Other

Interior

Cooling
Central Electric
Heating
Central Electric

Lot information

Lot Size
6,000 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$11,265/2021
Tax Rate
2.0662

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Estimated Monthly Payments

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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

Houston Association of REALTORS
Source last updated May 21, 2024 at 11:47 PM
Listing last updated Sep 22, 2022 at 04:26 PM

2201 48th Street, Galveston, TX 77551. View photos, map, tax, nearby homes for sale, home values, school info...

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