This Multifamily Property is no longer advertised on LoopNet.com.

1623 Avenue N 1/2
Galveston, TX 77550
1623 Avenue N 1/2, Galveston: (4)MF-UNITS · Multifamily Property For Sale · 4 Units

Investment Highlights

  • Well-maintained and updated 4-Plex just a short distance from the beach and local attractions.
  • Recent improvements include a new roof (2020), all siding replaced with Hardie plank, along with many interior unit upgrades. Spacious yard.
  • Much of Galveston's economy is centered in the tourism, restaurants, health care, shipping, and financial industries.
  • The unit mix consists of a spacious (1) 2BR/1.5BA, (1) 1BR/1BA, & (2) Efficiency (Studio/1BA) Units, offering a diverse rental mix to maximize income.
  • Short distance from The Strand, University of Texas Medical Branch (UTMB), Port of Galveston Cruise Terminal, & Galveston East End beaches.
  • The 84-acre UTMB campus with an enrollment of more than 2,500 students is a major economic force of the city, blending medical, history, & beauty.

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Garden
Lot Size 0.12 AC
Building Size 2,383 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1920/2024
Zoning Residential

Amenities

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Sundeck

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 1 $1,650 -
1+1 1 $1,350 -
Studios 1 $1,150 -
Studios 1 $1,050 -

Property Taxes

Property Taxes

Parcel Number
3510-0046-2002-001
Land Assessment
$81,790
Improvements Assessment
$478,210
Total Assessment
$560,000
  • Listing ID: 33605868

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 1623 Avenue N 1/2, Galveston, TX 77550

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