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$474,000

Beds
5
Baths
4.0
sq ft
2,396

4105 Avenue M, Galveston, TX 77550

4105 Avenue M

Galveston, TX 77550

  • 177 days on market
Two classic cottages on one lot!! Come take advantage of this opportunity to have two homes for investment, long or short term rentals, or live in one and rent the other. They were both totally renovated/remodeled in 2023 from top to bottom. Front home is 1111 sq ft, with open concept and 2 bedrooms, 2 baths, laundry and beautiful kitchen open to the dining and living area. Back house is 1285 sq ft with 3 bedrooms, 2 full baths, open concept to living room, dining room and kitchen. There is ample parking for both houses, street, driveway on side of front house and parking in rear of back house. There is still room on the side to add storage unit, or add a garage. Homes are currently active income producing vacation rentals. Midtown Galveston and close to everything. Separate metered also for easy of billing or usage.

Details

Property type

Single Family Residence

Est. home value

$499,833

Lot size

5,140 sq ft

Price per sq ft

$198

Year built

1960

Annual property taxes

$5,727

Price History

06/28/2024
Houston

Houston #26373954

Removed
06/28/2024
Houston

Houston #74512953

Listed
$474,000
-1.04%
06/24/2024
Houston

Houston #26373954

Price change
$478,999
-4.01%

Schools & Community

Elementary school: 

GISD OPEN ENROLL

Middle school: 

GISD OPEN ENROLL

High school: 

BALL HIGH SCHOOL

School district: 

Galveston

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Catalyst Funding Llc

Loan start date

July 2022

Original loan amount

$245,000

Est. remaining balance

Not provided

Interest rate

5.23%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Amro Farrag

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 2:25 PM

Listing updated: 12/17/2024 at 3:08 PM

Listed by: Lee DeForke Jr., Lee DeForke Jr. Phone #: (409) 739-1299

MLS: Houston #74512953

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