523 24th ST, Galveston, TX 77550 | Cross Capital Realty

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Larry Cedillo

larrycedillo.broker@gmail.com +1(281) 746-1512

$875,000

Est. payment - /mo

10,248 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 10,248 sqft

Price per Sqft $85

Subdivision Galveston Townsite

MLS Listing ID 51227757

Style Fourplex

HOA Y/N No

Year Built 1865

Annual Tax Amount $13,615

Tax Year 2024

Property Sub-Type Quadruplex

Property 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!

Location

State TX

County Galveston

Area 33

Interior

Heating Central, Electric

Cooling Central Air, Electric

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Water Available

Roof Type Other

Building

Entry Level Two

Architectural Style Fourplex

Level or Stories Two

New Construction No

Schools

Elementary Schools Gisd Open Enroll

Middle Schools Gisd Open Enroll

High Schools Ball High School

School District 22 - Galveston

Others

Tax ID 3505-0444-0008-002

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Houston Realtors Information Service / HAR MLS

Listed by Coldwell Banker TGRE Brian Schwenk

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Vicky Cedillo

+1(832) 797-6431

Brokerage Owner | License ID: 607705

Brokerage Owner License ID: 607705

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523 24th ST Galveston, TX 77550