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LJ McGowan

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

$ 375,000

Est. payment -/mo

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Active

1911 40th ST Galveston, TX 77550

1 Bed

1 Bath

2,236 SqFt

UPDATED:

10/31/2024 09:04 AM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,236 sqft

Price per Sqft $167

Subdivision Galveston Outlots

MLS Listing ID 32139149

Bedrooms 1

Full Baths 1

Year Built 1960

Annual Tax Amount $4,532

Tax Year 2023

Lot Size 2,161 Sqft

Property Description

Opportunity awaits in Mid-town Galveston! This nearly finished quadplex is ready for your finishing touches, making it an exceptional investment. With a brand-new roof, updated electrical and plumbing, and all new appliances and tubs for each of the four one-bedroom units, this property offers modern convenience while preserving its charm with original wood ceilings and hardwood floors. AC work is all new, requiring only exterior condensers for final touches. Located near Galveston College, this single-building setup simplifies maintenance, providing cost-effective management for savvy investors. Sold as-is—don’t miss out on this rare chance to own rental property in Galveston’s vibrant Mid-town!

Location

State TX

County Galveston

Area Midtown - Galveston

Interior

Heating Central Electric

Cooling Central Electric

Flooring Wood

Exterior

Roof Type Composition

Building

Lot Description Other

Faces South

Story 2

Unit Features Balcony,Fenced Area,Hardwood Floors,Patio

Structure Type Unknown

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 None

Tax ID 3510-0084-0007-002

Energy Description Insulated/Low-E windows,Insulation - Spray-Foam,Tankless/On-Demand H2O Heater

Acceptable Financing Cash Sale, Conventional, FHA, VA

Tax Rate 1.7477

Disclosures Sellers Disclosure

Listing Terms Cash Sale, Conventional, FHA, VA

Financing Cash Sale,Conventional,FHA,VA

Special Listing Condition Sellers Disclosure

Houston Association of Realtors (HAR MLS)

Listed by Redfin Corporation

LJ McGowan

Advisor | License ID: 716427

+1(832) 287-3042

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