1902 Ursuline Street

Galveston, TX 77550

$625,000
Price
—
Beds
2,896 Sq. Ft.
$216 / Sq. Ft.
2,896
Sq. Ft.
$216
per Sq. Ft.
Main View

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.
  1. Listed by Kim Saward • TREC #0645430 • Better Homes and Gardens RE Gary Greene Galveston West End • 4097375200

Property Details for 1902 Ursuline Street

Subdivision
Galveston Outlots
Foundation
Other
Pets
Case by Case
LISTING UPDATED: 11/02/2024 05:24 PM

Property Details for 1902 Ursuline Street

StatusActive
MLS #20241507
Days on Market49
Taxes$7,958 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Other Multi-Family
Year Built1957
Lot Size-
CountyGalveston County

Building Information for 1902 Ursuline Street

Stories-Residences-Year Built1957Building Size-Lot Size-

Property Information for 1902 Ursuline Street

Summary
Location and General Information
  • Street Name: Ursuline Street
  • Roof: Composition
  • Zip Code: 77550
  • Construction: Wood Siding
  • State: TX
  • Street #: 1902
  • Year Built: 1957
  • City: Galveston
  • Address2: 1902 Avenue N
  • Directions: I-45 South to Galveston Island. Turn right onto 19th Street. Turn right onto Avenue N. The building is on your immediate right.
  • Also For Lease: Yes
Taxes and HOA Information
  • Maintenance Fee: N/A
  • Membership Fee: N/A
  • Maintenance Fee Per: N/A
Property
Lot Information
  • Lot/Acreage: Corner Lot,Curbs & Gutters,Sidewalks
  • Apx SqFt-Main Bldg: 2896.0
  • Area: East End (In Town)
Property and Assessments
  • Legal: ABST 628 M B MENARD SUR PT OF LOT 8 (3008-2) SE BL
  • Miscellaneous: Individual Water Heat
  • Trash Collection: Yes
  • Elevator: No
Utilities
  • Utilities: Cable Connected,Water Connected,Electricity Connected,Sewer Connected,Natural Gas Connected,Trash Pickup City on Site
  • Tenant Pays All Utilities: Yes
  • Energy Efficiency: Ceiling Fan(s)
  • Water: Yes
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Pool Services: No
  • Exterior Maintenance: No
Interior Features
  • 1 Bedroom Unit Features: 1 Bath, Ceiling Fan(s), Garage
  • 2 Bedroom Unit Features: 1 Bath, Balcony/Patio/Porch, Ceiling Fan(s), Dishwasher, Disposal, Extra Storage Space, Oven/Range, Refrigerator, Washer/Dryer, Washer/Dryer Hookup
  • Cable TV: No
  • Lawn Services: No
  • Floor Cover: Wood,Carpet,Tile
  • Furnished: No
  • Total Units: 2

Property History for 1902 Ursuline Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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
Rosenberg El Laboratory for Learning and Leading
Public - PK to 4
Morgan Elementary Magnet School
Public - PK to 4
Burnet Elementary School
Public - PK to 4
Austin Middle School
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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More information about 1902 Ursuline Street, Galveston, TX 77550

1902 Ursuline Street is a multi-family home for sale in Galveston, TX 77550. This property was listed for sale on November 2, 2024 by Better Homes and Gardens RE Gary Greene Galveston West End, it's currently listed at $625,000. This listing's school district is Galveston Independent School District. Nearby schools include Rosenberg El Laboratory for Learning and Leading, Morgan Elementary Magnet School and Burnet Elementary School. 1902 Ursuline Street is a 0-bed, 0-bath, 2,896 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes and Gardens RE Gary Greene Galveston West End, Kim Saward, TREC #0645430

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