2927 Avenue L

Galveston, TX 77550
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7,168 Sqft. ($91/Sqft.)
13,104 Lot Sqft
Multi-Family - 5 Plus

Audio narrative

Description

Unique opportunity to own a well-maintained low maintenance investment property. This is a townhome style 7 unit apartment complex with great cash flow. Property is accepted by GHA & section 8. New roof December 2020. Exterior freshly painted and all new outside light fixtures March 2021. Main breakers and condo breakers replaced in 2019, Individually metered for Gas, electric and water. First floor is all tiled, second floor is all laminated and 6 of 7 bathrooms are tiled. Large dedicated concrete slab parking with 11 spaces, 1 dedicate for each unit. 13104 sqft lot size with spacious 1100 sqft units, Features 2 nice size bedrooms upstairs master with walk in closet, each with 1 full bath, Kitchen/Dining and living room downstairs with washer/dryer connections. Tenants pay for all their utilities. Convenient to Broadway, bus service and Downtown Galveston. Seven blocks from the seawall. All units are currently leased.

MLS#
85747043
List Price
$649,000 ($91/Sqft.)
Listing Status
For Sale
Address
2927 Avenue L
City
State
TX
Zip Code
Legal Description
ABST 628 M B MENARD SUR LOT 2 & W 112 FT OF LOT 1 BLK 29 GAL
Property Type
Multi-Family - 5 Plus
Stories
2
Building Size
7,168 Sqft/Appraisal District
Year Built
1969 /Appraisal District
Lot Size
13,104 Sqft./Appraisal District
Key Map©
774R
Market Area

Exterior

Roof
Composition
Exterior Type
Wood
Lot Description
Cleared, Corner
Parking
Paved Area
Parking Unit
One
Front Door Face
East

Interior

Floors
Laminate, Tile
Cooling
Central Electric, Central Gas
Heating
Window Unit
Microwave
Yes
Energy Feature
Ceiling Fans

Lot information

Lot Size
13,104 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*
2%
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
$3,219/2020
Tax Rate
2.262

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Estimated electricity cost

Analysis for
2927 Avenue L
An Energy Ogre member at this location would SAVE $394/year. Find out more
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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
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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Noise factors

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Source

Houston Association of REALTORS
Source last updated Jun 01, 2024 at 06:17 AM
Listing last updated May 17, 2024 at 03:57 PM

2927 Avenue L, Galveston, TX 77550. View photos, map, tax, nearby homes for sale, home values, school info...

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