5015 Avenue M, Houston, Texas 77551

$391,990

Paige Martin

713-425-4194

pmartin@houstonproperties.com

Real Estate Broker

Keller Williams Memorial

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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

Listing Price $391,990
City Houston
Zip Code 77551
Subdivision Denver Resurvey
Listing Status Active
Baths 2 Full Bath(s)
Stories 1
Year Built 1953 / Appraisal District
Lot Size 5,996 / Appraisal District
MLS # 67377815 (HAR)
Days on Market 273 days
Total Days on Market 369 days
List Price / Sq Ft $137.11
Address 5015 Avenue M
State Texas
County Harris
Property Type Multi-Family
Bedrooms 4
Garage 0
Building Sq Ft 2,859
Area 33

Taxes & Fees

Tax ID

296500420006000

Tax Rate

1.7477%

Taxes w/o Exemption/Yr

$8,840 / 2023

Maint Fee

No

Click here to read more about taxes & exemptions

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
Read more about Houston's Top Schools

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.

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Paige Martin, Broker Associate, Keller Williams Memorial 1220 Augusta Dr, 300, Houston, TX 77057

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Disclaimer

Statistics and data is from the most recent available period, as of the time of this writing. No representations or warranties, either expressed or implied, are made to the accuracy of the information herein, or with respect to suitability, usability, feasibility, merchantability or condition of any property described herein. There is no official relationship between this website, the owner, or lessee/real estate agent and any properties described on this website (including, but not limited to owners, management companies, HOAs or associations) or visa versa. Data is presented for informational purposes only and does not represent a listing of a building, property or entity. All dimensions are approximate