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328 1st St

Galveston, TX 77550
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For Sale
Under Contract - OP
1,788 Sqft. ($179/Sqft.)
5,880 Lot Sqft
Multi-Family - Duplex

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General Description

Single story duplex in fabulous location 1 block to Seawall and less than half mile from UTMB. Each unit is a 2 bedroom, 1 bathroom with large kitchen, eating, living area. Each side has its own garage and driveway. Unit B (right side) has been updated in the past few years with new HVAC, interior paint, luxury vinyl plank flooring, and granite counters in the kitchen. Bathroom features new tub, surround, and vanity. Unit A (left side) has not been updated and had been used for storage. Unit B has a tenant in place through end of May 2025. Perfect value-add opportunity for an investor to receive rental income from day 1 while fixing up Unit A. New roof completed in July 2022 - see attachments for WPI8 windstorm certification. Located in preferred Flood Zone X. Occupied unit may be viewed Monday, 5/13/24 5 pm - 7 pm.

MLS#
11947597
List Price
$320,000 ($179/Sqft.)
Listing Status
Under Contract - OP
Address
328 1st St
City
Galveston
State
TX
Zip Code
77550
County
Galveston County
Legal Description
ABST 628 PAGE 141 LOT 22 BLK 4 SAN MARINO SUB
Property Type
Multi-Family - Duplex
Stories
1
Building Size
1,788 Sqft/Appraisal District
Year Built
1974 /Appraisal District
Lot Size
5,880 Sqft./Appraisal District
Key Map©
775L
Market Area

Exterior

Roof
Composition
Exterior Type
Brick, Wood
Parking
Garage Parking

Financial

Financing Considered
Cash Sale, Conventional, Investor
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$5,302/2023
Tax Rate
1.7477

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Fenced Area,Patio
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.

Interior

Floors
Concrete, Tile, Vinyl Plank
Cooling
Central Electric
Heating
Central Gas

Lot Information

Lot Size
5,880 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
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Listing Broker

Source

Houston Association of REALTORS
Source last updated May 25, 2024 at 03:07 PM
Listing last updated May 16, 2024 at 02:22 PM

Property tax

Cost/Sqft based on tax value

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Mortgage

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

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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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

Nearby schools view nearby schools

Subdivision Facts

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Copyright© 2024 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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