For Sale

$2,250,000

HIGHLIGHTS:
  • Active
  • $30,197/month
  • 295 DOM
  • 3 Stories
  • 0 Beds
  • 14,840 SqFT
Description

8 apartments and two businesses, currently occupied by The Experience and Old Quarter Acoustic Cafe. Surrounded by prestigious restaurants like Rudy and Pacos, Saltwater Grill, and Vargas, this location is extremely walkable with retail, bars, banks, American National Insurance, office buildings, and art galleries nearby. This Building holds over a century of history and is meticulously maintained by the same family for over 30 years. Historic Melrose Building on a prime corner lot neighboring the Opera House.. Don't miss out on this unique opportunity to own a piece of Galveston History! Owner pays water, Gas, Garbage, and Pest control.

Overview
  • MLS Number: 71830273
  • Type: Multi-Family - 5 Plus
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 14,840 SqF
  • Land Size: 5,160 sqft
  • Year Built: 1914
Financial
Price:
$2,250,000
Price/SqFT:
$151.62
Original Price:
$2,390,000
Reduced $:
$140,000
Reduced On:
Jan 28th, 2025
Reduced %:
5.86 %
HOA Fee:
Tax Rate:
1.73068 %
Est. Monthly:
$30,197 *
Tax Amount:
$38,940
Amenities and features
  • Corner Lot
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Concrete,Tile,Vinyl Plank,Wood
    Heating:
    Space Heater,Wall Heater
    Cooling:
    Window Units
    Disposal:
    Yes
    Compactor:
    No
    Microwave:
    Yes
    Dishwasher:
    Yes
    Energy Feature:
    Ceiling Fans
  • Roof:
    Composition
    Exterior Type:
    Brick
    Lot Description:
    Corner

Listed By:
Elizabeth Kenney

Boulevard Realty

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