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$425,000

NAL Estimated Property Value

1707 Market St 1-4, Galveston, TX, 77550

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths2,584 Sq Ft
Multi FamilyMulti Family
price_per_sqft$164.47 / sqft
Year BuiltBuilt in 1955

About this property

Only selling the 4-plex (units 1 thru 4), 100% occupied. The unit mix is as follows, Unit 1 - 2 bedrooms 2 bath ($1225/mo), Unit 2 - 2 bedrooms 1 bath ($850/mo), Unit 3 - Studio 1 bath ($725/mo), Unit 4 - Fully Furnished Studio 1 bath ($950/mo). This property is located in the East End Historic District and is conveniently located a few blocks from the Strand District. There is access to the Marina North on 17th street and access to the seawall 12 blocks South on 17th street. New roof in August 2021. New exterior paint in May 2022. New window A/C for unit 3 in Aug 2021 and Jun 2022; new window A/C for unit 1 in Sept 2022; plus many more upgrades for unit 4. Please contact me for more details of rent roll and major upgrades/repairs.

Investor Tools

Property Icon
$425,000
Estimated Property Value
$0Estimated Mortgage Balance
$425,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Galveston

1707 Market St 1-4 | Property Details | No Agent List