Homes for sale - 1902 Ursuline ST, Galveston, TX 77550

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LJ McGowan

lj.mcgowan@engelvoelkers.com +1(832) 287-3042

$ 625,000

Est. payment -/mo

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Active

1902 Ursuline ST Galveston, TX 77550

2 Beds

2 Baths

2,896 SqFt

UPDATED:

11/11/2024 12:19 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,896 sqft

Price per Sqft $215

Subdivision Galveston Outlots

MLS Listing ID 2606796

Bedrooms 2

Full Baths 2

Year Built 1957

Annual Tax Amount $7,958

Tax Year 2023

Lot Size 2,336 Sqft

Property Description

Excellent turnkey investment opportunity with a 6.9% capitalization rate, fully leased and ready for a new owner. This historic property on Galveston Island, Texas, features a charming corner store on the first floor with a spacious second-floor residence. Enjoy the blend of commercial and residential spaces in a vibrant location near the Gulf of Mexico’s beautiful beaches and Galveston’s quaint downtown. Galveston Island is part of the Houston metropolitan area, strategically located close to Mexico and the Gulf Coast, benefiting from Houston’s economic drivers in maritime, energy, aerospace, and healthcare. Nearby, the University of Texas Medical Branch (UTMB), a renowned health sciences center since 1891, anchors the community with a large campus and multiple hospitals. Contact us today for inquiries and to schedule a visit.

Location

State TX

County Galveston

Area East End

Interior

Heating Central Gas

Cooling Central Electric, Window Units

Flooring Concrete, Tile, Wood

Exterior

Roof Type Composition

Building

Lot Description Corner

Faces South

Story 2

Unit Features Balcony,Hardwood Floors

New Construction No

Schools

Elementary Schools Gisd Open Enroll

Middle Schools Gisd Open Enroll

High Schools Ball High School

School District 22 - Galveston

Others

Senior Community No

Restrictions Historic Restrictions

Tax ID 3510-0019-3008-002

Energy Description Ceiling Fans,Digital Program Thermostat

Tax Rate 1.7477

Disclosures Sellers Disclosure

Special Listing Condition Sellers Disclosure

Houston Association of Realtors (HAR MLS)

Listed by Better Homes and Gardens Real Estate Gary Greene - Galveston West End

LJ McGowan

Advisor | License ID: 716427

+1(832) 287-3042

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