For Sale
523 24th St Galveston, TX 77550
$875,000
Description
The Galveston Carriage Place, located at 523 24th Street, is a historically significant building in downtown Galveston. Constructed in 1865, it originally served as the business premises & residence of Frederick D. Schmidt, a blacksmith, horseshoer, & carriage manufacturer. Schmidt operated his business on the ground floor & resided upstairs, maintaining ownership until 1944. Today, the building offers a unique live-work proposition for discerning buyers with the opportunity for plenty of rental income. There are currently 4 fully occupied spacious units ranging in approx. size of 992 SF - 3,475 SF. Several tenants are interested in remaining, allowing for immediate income to the new owner. Each unit separately metered for electric. Water & trash included in rent. Steps away from countless restaurants, shops, bars, & attractions!
Overview
Financial
Price:
$875,000
Price/SqFT:
$85.38
HOA Fee:
Tax Rate:
1.71899 %
Est. Monthly:
$10,975 *
Tax Amount:
$15,041
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
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InteriorHeating:Central ElectricCooling:Central Electric
-
ExteriorRoof:Other
Listed By:
Brian Schwenk
Coldwell Banker TGRE
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