1902 Ursuline Street
$625,000
2
2
2,896
2,896
$216
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...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.
- Listed by Kimberly Saward • TREC #0645430 • Better Homes and Gardens Real Estate Gary Greene - Galveston West End
Property Details for 1902 Ursuline Street
Area
33
Geo Market AreaEast End
SubdivisionGalveston Outlots
School District22 - Galveston
Cool SystemCentral Electric, Window Units
LISTING UPDATED: 11/10/2024 07:19 PM
Property Details for 1902 Ursuline Street
Status | Active |
---|---|
MLS # | 2606796 |
Days on Market | 153 |
Taxes | $7,958 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Duplex |
Year Built | 1957 |
Lot Size | 0.05 AC / 2,336 SF |
County | Galveston County |
Building Information for 1902 Ursuline Street
Stories2Residences1Year Built1957Building Size-Lot Size0.05 AC / 2,336 SF
Property Information for 1902 Ursuline Street
Property History for 1902 Ursuline Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1902 Ursuline Street
Taxable ValueLand$41,460Additions$583,540Total$625,000
Tax Record2023$7,958 ($663 / month)
Home Facts
Total Finished SqFt2,896 SqFtAbove Grade Finished SqFt2,896 SqFtStories2Lot Size2,335 SqFtStyleSingle Family ResidenceYear Built1957Year Renovated1995CountyGALVESTONAPN3510-0019-3008-002Fireplace TypeHas Fireplace
Schools near 1902 Ursuline Street
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 6 |
Rating | School | Distance |
---|---|---|
Rosenberg El Laboratory for Learning and Leading PublicPK to 4 | ||
Morgan Elementary Magnet School PublicPK to 4 | ||
Burnet Elementary School PublicPK to 4 | ||
Austin Middle School Public5 to 6 |
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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