5015 Avenue M, Houston, Texas 77551
$391,990
4 Beds
2 Full Baths
Multi-Family






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About 5015 Avenue M
**BRAND NEW ROOFS JUST INSTALLED ON ALL THREE UNITS!!** Welcome to 5015 Avenue M, a strategically located triplex offering an exceptional opportunity for investors seeking steady rental income in the heart of Galveston, TX. Unit one (the front main house) consists of four bedrooms and two bathrooms, central AC, storm shutters, and vinyl flooring. Units two and three in the back of the property include two bedrooms and one bathroom each, recently renovated with updated kitchens and bathrooms with vinyl flooring. Consistently high occupancy rates with long-term tenants. Rental income of $4676 total per month, with potential for rent increases in line with market trends. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to real estate investment, this triplex represents a rare opportunity to acquire a turnkey property with immediate income potential!!
Highlights
5015 Avenue M
$391,990
Multi-Family
2,859 Home Sq Ft
Houston 77551
4 Beds
2 Full Baths
5,996 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
296500420006000
Tax Rate
1.7477%
Taxes w/o Exemption/Yr
$8,840 / 2023
Maint Fee
No
Interior Features
Fireplace
No
Heating
Electric, Window Unit
Cooling
Gas, Window Unit(s)
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Composition
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
Jason Mitchell Real Estate LLC
Schools
Name | Grade | Great School Ranking |
---|---|---|
Gisd Open Enroll | Elementary | None of 10 |
Gisd Open Enroll | Middle | None of 10 |
Ball High | High | 4 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.