1902 Ursuline ST Active Save Request In-Person Tour Request Virtual Tour
Galveston,TX 77550
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,896 sqft
Price per Sqft $215
Subdivision Galveston Outlots
MLS Listing ID 2606796
Bedrooms 2
Full Baths 2
Year Built 1957
Annual Tax Amount $7,958
Tax Year 2023
Lot Size 2,336 Sqft
Property 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 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.
Location
State TX
County Galveston
Area East End
Interior
Heating Central Gas
Cooling Central Electric,Window Units
Flooring Concrete,Tile,Wood
Exterior
Roof Type Composition
Building
Lot Description Corner
Faces South
Story 2
Unit Features Balcony,Hardwood Floors
New Construction No
Schools
Elementary Schools Gisd Open Enroll
Middle Schools Gisd Open Enroll
High Schools Ball High School
School District 22 - Galveston
Others
Senior Community No
Restrictions Historic Restrictions
Tax ID 3510-0019-3008-002
Energy Description Ceiling Fans,Digital Program Thermostat
Tax Rate 1.7477
Disclosures Sellers Disclosure
Special Listing Condition Sellers Disclosure