5311 Perry AveGalveston, TX 77551

Property Details for 5311 Perry Ave

Year built

1965

Lot size

0.14 AC

Property size (Sq ft)

3,373 SF

Property type

Apartment buildings

Description

This charming Galveston triplex, situated on a quiet street at 5311 Perry Ave, presents a compelling investment opportunity. Built in 1965, this two-story building boasts a total of 3,373 square feet on a 0.14-acre lot. The property comprises three distinct apartments: two spacious two-bedroom units, ideal for families or roommates, and one cozy one-bedroom unit on the ground floor. Each apartment is equipped with central air and heat, ensuring year-round comfort, and two of the units feature recently installed air conditioning systems. The property has undergone partial updates, blending modern conveniences with its classic charm, including updated kitchens. Located in Galveston, Texas, zip code 77551, this multifamily property offers a fantastic chance to generate steady rental income. The asking price is $399,000, translating to $118.29 per square foot. Whether you're a seasoned investor seeking strong returns or a first-time buyer building your portfolio, this triplex represents a rare find in the desirable Galveston Island market. Its versatile layout and proven rental history make it an attractive proposition for immediate income generation and long-term appreciation.

Location Insight

City

Galveston

County

Galveston

State

Texas

Latitude

29.2851

Longitude

-94.8249

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