Price Reduced ListingINVESTOR OPPORTUNITY! Located at 1612 Avenue L in Galveston, this approximately 2,296-square-foot property offers significant renovation and value-add potential. Offered at $299,000, substantially below the current appraisal district market value of approximately $583,900. Property is in need of repairs and is being sold strictly AS-IS, WHERE-IS. Seller will make no repairs. CASH OR HARD MONEY FINANCING ONLY. Property is not expected to qualify for traditional financing in its present condition. Excellent opportunity for an investor, renovator, or buyer looking for a substantial Galveston project. Buyer to independently verify property condition, measurements, appraisal information, restrictions, and all other information material to purchase.
| MLS # | 626340 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 14 |
| Listing Provided By | Madison Bolton, Broker | Madison Bolton |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,296 |
| Story(s) | 2 |
| Acreage | 0.12 |
| Water Front | Yes |
| Property View | Other |
| Garage Yes / No | No |
|---|---|
| Parking Features | No Garage |
| Community Features | Other, See Remarks |
|---|
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Community Name | GALVESTON TOWNSITE |
| Listing VS Median (in GALVESTON TOWNSITE) | |
Price: $199,000 low | high Med: $199,000 sqft: 2,296 low | high Med: 2,296 $ / sqft: $87 low | high Med: $87 On site: 14 low | high Med: 14 | |
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Community Name | GALVESTON TOWNSITE |
| Listing VS Median (in GALVESTON TOWNSITE) | |
Price: $199,000 low | high Med: $199,000 sqft: 2,296 low | high Med: 2,296 $ / sqft: $87 low | high Med: $87 On site: 14 low | high Med: 14 | |