Galveston, TX 77551 5015 Avenue M
$391,990
27 more
Presented By: Jason Mitchell Real Estate LLC;
Beds • 4
Baths • 2
SQFT • 2,859
Home Details
**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!!
Presented By: Jason Mitchell Real Estate LLC;
Interior Features for 5015 Avenue M
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths2
Other Interior Features
LivingAreaSourceOwner
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
General for 5015 Avenue M
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityGalveston
CoolingCentralAir, Gas, WindowUnits
CountyGalveston
DirectionsTake I-45 south to Galveston. I-45 will turn into Broadway. Continue on Broadway to 53rd street. Turn right on 53rd St., turn left on Avenue M. The property is on the right side. House is in the front
DisclosuresSellerDisclosure
Elementary SchoolGISD OPEN ENROLL
Elementary School District22 - Galveston
Full Baths2
Garage Y/NNo
HOANo
HeatingCentral, Electric, WindowUnit
High SchoolBALL HIGH SCHOOL
High School District22 - Galveston
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionABST 628 M B MENARD SUR LOTS 6 & 7 BLK 42 DENVER RESURVEY
LevelsOne
Lot Size UnitsSquareFeet
MLS Area33
MLS Area MinorMidtown - Galveston
Middle/Junior High SchoolGISD OPEN ENROLL
Middle/Junior School District22 - Galveston
MobileHomeRemainsYNNo
ModificationTimestamp2025-02-11T17:20:02.627-00:00
New ConstructionNo
Number Of Units Total3
Occupancy TypeTenant
PostalCityGalveston
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories1
Subdivision NameDenver Resurvey
Tax Annual Amount8840.0
Tax Year2023
Year Built1953
Year Built SourcePublicRecords
Exterior for 5015 Avenue M
Building Area Total2859.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area5996.0
Lot Size SourceAppraiser
SpaNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Gisd Open Enroll Middle School
Elementary School
Gisd Open Enroll Elementary School
High School
Ball High School
Claudia Trainum
TX Licensed Realtor