2927 Avenue L

Galveston, TX 77550

$649,000
Price
2
Beds
1
Bath
7,168 Sq. Ft.
$91 / Sq. Ft.
7,168
Sq. Ft.
$91
per Sq. Ft.

Description

Unique opportunity to own a well-maintained low maintenance investment property. This is a townhome style 7 unit apartment complex with great cash flow. Property is accepted by GHA & section 8. New roof December 2020. Exterior freshly painted and all new outside light fixtures March 2021. Main breakers and condo breakers replaced in 2019, Individually metered for Gas, electric and water. First floor is all tiled, second floor is all laminated and 6 of 7 bathrooms are tiled. Large dedicated concrete...Unique opportunity to own a well-maintained low maintenance investment property. This is a townhome style 7 unit apartment complex with great cash flow. Property is accepted by GHA & section 8. New roof December 2020. Exterior freshly painted and all new outside light fixtures March 2021. Main breakers and condo breakers replaced in 2019, Individually metered for Gas, electric and water. First floor is all tiled, second floor is all laminated and 6 of 7 bathrooms are tiled. Large dedicated concrete slab parking with 11 spaces, 1 dedicate for each unit. 13104 sqft lot size with spacious 1100 sqft units, Features 2 nice size bedrooms upstairs master with walk in closet, each with 1 full bath, Kitchen/Dining and living room downstairs with washer/dryer connections. Tenants pay for all their utilities. Convenient to Broadway, bus service and Downtown Galveston. Seven blocks from the seawall. All units are currently leased.
  1. Listed by Mark Coyle • TREC #0711361 • RE/MAX Leading Edge

Property Details for 2927 Avenue L

Area
33
Geo Market Area
East End
Subdivision
Galveston Townsite
School District
22 - Galveston
Cool System
Central Electric, Central Gas

Location

Listing Courtesy of RE/MAX Leading Edge, Mark Coyle, TREC #0711361
Add your commute
LISTING UPDATED: 05/17/2024 03:27 PM

Property Details for 2927 Avenue L

StatusActive
MLS #85747043
Days on Market17
Taxes$3,219 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Plus
Year Built1969
Lot Size0.30 AC / 13,104 SF
CountyGalveston County

Location

Listing Courtesy of RE/MAX Leading Edge, Mark Coyle, TREC #0711361
Add your commute

Building Information for 2927 Avenue L

Stories2Residences1Year Built1969Building Size-Lot Size0.30 AC / 13,104 SF

Payment Calculator

$3,810 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,542

Property Taxes

$268

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2927 Avenue L

Description Information
School Details
  • School Elementary: GISD OPEN ENROLL
  • School Middle: GISD OPEN ENROLL
  • School High: BALL HIGH SCHOOL
Building Details
  • Stories: 2
  • Unit Total: 7
  • Front Door Faces: East
  • New Construction: No
  • Year Built Src: Appraisal District
Lot Information
  • Sq Ft Source: Appraisal District
  • Lot Size Source: Appraisal District
  • Section Num: 1
  • Parcel Number: 3505-0029-0002-000
Parking
  • Parking Features: Paved Area
  • Parking Unit: One
Unit Information
Unit 1
  • Unit Type: 2 Bedrooms
  • BR 1 Dimensions: 18 x14
  • BR 2 Dimensions: 12 x12
  • Living Room Dimensions: 15 x15
  • Kitchen Dimensions: 15 x15
Interior Exterior Utilities and Additional Information
Interior Features
  • Microwave: Yes
  • Refrigerator: Yes
  • Energy: Ceiling Fans
  • Range: Yes
  • Floors: Laminate, Tile
  • Misc Features: Fire/Smoke Alarm, Washer/Dryer Connections
Exterior Features
  • Lot Description: Cleared, Corner
  • Roof: Composition
  • Siding: Wood
  • Utilities: Electric, Gas
  • Heat System: Window Unit
  • 55+ Community: No
Financial Information
HOA and Fees
  • Maintenance Fee: No
  • Fee Other: No
  • Tax Year: 2020
  • Tax Rate: 2.26%
Financial Information
  • Tenancy Type: 1 Year, 6 Month, Month to Month

Property History for 2927 Avenue L

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2927 Avenue L

Taxable ValueLand$160,520Additions$613,180Total$773,700
Tax Record2018$2,959 ($247 / month)
Home Facts
Total Finished SqFt7,168 SqFtAbove Grade Finished SqFt7,168 SqFtStories2Lot Size13,103 SqFtStyleMulti-Family Res (5+ Units)Year Built1969Year Renovated1970CountyGALVESTONAPN3505-0029-0002-000Fireplace TypeHas Fireplace

Schools near 2927 Avenue L

This home is within Galveston Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 4
Public - PK to 4
Public - 5 to 8
Rating
School
Distance
Morgan Elementary Magnet School
PublicPK to 4

Burnet Elementary School
PublicPK to 4

Central Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2927 Avenue L is a multi-family home for sale in Galveston, TX 77550. This property was listed for sale on May 16, 2024 by RE/MAX Leading Edge, it's currently listed at $649,000. It has been on the market for a total of 17 days and was last sold on May 14, 2021. This listing's school district is Galveston Independent School District. Nearby schools include Morgan Elementary Magnet School, Rosenberg El Laboratory for Learning and Leading and Burnet Elementary School. 2927 Avenue L is a 2-bed, 1-bath, 7,168 sqft multi-family home built in 1969.

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Listing Courtesy of RE/MAX Leading Edge, Mark Coyle, TREC #0711361

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