$660,047
NAL Estimated Property Value1122 45th Street, Galveston, TX, 77550
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About this property
Unique opportunity to own a solid & well maintained investment property with two residential units & one commercial unit on a spacious corner lot. 2 of the 3 units have longstanding tenants. The commercial space, 1122 45th St., is currently leased to Knapp Flower Shop, a Galveston landmark that has operated from this location since 1947. Business is not for sale. It has 3,940 sq.ft., an attached 3 car garage used for storage, & it’s own entrance on 45th Street. The 2nd unit, 4426 Ave. L is a 3/2.5 in 1,447 sq.ft. that has a private entrance through a lovely garden courtyard, separate utility meters, and 2 screened balconies. The shared garden area is also accessible from the 3rd unit, 4428 Avenue L that is a 3/2.5ba. in 2,340 sq.ft. It has a front entrance on Ave L & original hardwood flooring upstairs. It is currently open & ready for a new owner; it could be a spacious family home with expenses fully covered by the rental income from the other two units. Make your appointment today.
