Unique Multi-Unit Investment Opportunity with Significant Upside! Situated on an expansive approximately 70,000-square-foot lot, 5102 & 5104 39th Street offer a rare opportunity to acquire a seven-unit income-producing property with substantial value-add potential. The property consists of a 4-bedroom, 2-bath main house, a 2-bedroom/1-bath unit, a 1-bedroom/1-bath unit, a studio with a full bath, and three mobile homes. Multiple units are currently tenant occupied and generating rental income, while one of the mobile homes is in need of renovation. With seven total units spread across a large parcel, this property offers flexibility and multiple revenue streams for an investor willing to complete additional improvements. The property does need work and is being offered as a value-add investment opportunity. Ideal for an investor looking to renovate, stabilize rents, and maximize the potential of a unique multi-unit property.
| MLS # | 69103099 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1976 |
| Days On Site | 12 |
| Listing Provided By | ThisIsLivin Properties, LLC | Jodi Gauthier |
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 2,142 |
| Story(s) | 1 |
| Units | 7 |
| Acreage | 70560.00 |
| Tax Annual Amount | 9063 |
|---|
| State | TX |
|---|---|
| County | Galveston |
| City | Dickinson |
| Zip Code | 77539 |
| Area | 33 |
| Subarea | Dickinson |
| Community Name | Tudors |
| Listing VS Median (in Tudors) | |
Price: $350,000 low | high Med: $175,425 sqft: 2,142 low | high Med: 1,446 $ / sqft: $163 low | high Med: $82 On site: 12 low | high Med: 58.5 | |
| State | TX |
|---|---|
| County | Galveston |
| City | Dickinson |
| Zip Code | 77539 |
| Area | 33 |
| Subarea | Dickinson |
| Community Name | Tudors |
| Listing VS Median (in Tudors) | |
Price: $350,000 low | high Med: $175,425 sqft: 2,142 low | high Med: 1,446 $ / sqft: $163 low | high Med: $82 On site: 12 low | high Med: 58.5 | |