Galveston 2-story, 2-bed 2927 Avenue L-idx
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2927 Avenue LGalveston, 77550

$649,000
Listed 159 days

Home Summary

Well-maintained, cash-flowing 7-unit apartment complex with new roof and spacious units near Downtown Galveston.

7,168 sqft
2 beds
2-story
13,104 sqft lot
built in 1969

Property Type: Residential, MultiFamily

Style: Split Level

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. LOTS 1 & 2 are not part of the sale.

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Lot & Location: Cleared, Corner Lot

MLS #290958964RE/MAX Leading Edge