Galveston, TX 77551 5006 Avenue M
$419,000
22 more
Presented By: NB Elite Realty;
Baths • 5
SQFT • 2,904
Home Details
5-unit property for sale! A solid investment opportunity featuring a fourplex and a single-family home, all currently occupied. The property includes recent improvements such as a 2018 roof replacement, a 2019 back house remodel, and new driveways installed in 2022. Each unit has its own electric and water meter, with tenants responsible for their utilities. The landlord only pays for the common hallway lighting. A complete rent roll and additional details are available in the attachments. Steady income and minimal management make this a straightforward investment opportunity.
Rent Roll and other information are located in the attachments section.
Presented By: NB Elite Realty;
Interior Features for 5006 Avenue M
Bathrooms
Total Baths5
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 5006 Avenue M
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityGalveston
CoolingWindowUnits
CountyGalveston
DirectionsFrom I-45 S, continue straight onto Broadway St / Avenue J, make a right onto 50th St, make another right onto Avenue M, property will be on your right.
DisclosuresOwnerIsListingAgent
Elementary SchoolGISD OPEN ENROLL
Elementary School District22 - Galveston
Full Baths5
Garage Y/NNo
HOANo
HeatingNone, WindowUnit, WallFurnace
High SchoolBALL HIGH SCHOOL
High School District22 - Galveston
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionABST 628 M B MENARD SUR LOTS 15 & 16 BLK 31 DENVER RESURVEY
LevelsTwo
Lot Size UnitsSquareFeet
MLS Area33
MLS Area MinorMidtown - Galveston
Middle/Junior High SchoolGISD OPEN ENROLL
Middle/Junior School District22 - Galveston
MobileHomeRemainsYNNo
ModificationTimestamp2025-03-04T19:29:04.970-00:00
New ConstructionNo
Number Of Units Total5
Occupancy TypeTenant
PostalCityGalveston
Property SubtypeMultiFamily
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Subdivision Name0
Tax Annual Amount6226.0
Tax Year2024
Year Built1958
Year Built SourcePublicRecords
Exterior for 5006 Avenue M
Building Area Total2904.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area6000.0
Lot Size SourceAppraiser
SpaNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Gisd Open Enroll Middle School
Elementary School
Gisd Open Enroll Elementary School
High School
Ball High School
Jeffrey Whitespeare
Founder/Owner