Galveston

**Exciting Investment Opportunity in Galveston!**

Discover a remarkable chance to own a beautifully remodeled home at 5703 Fraser Ave, nestled in the highly sought-after Galveston neighborhood. This charming 3-bedroom, 2-bath residence boasts 1,626 sqft of modern elegance, complete with an updated HVAC system. The home is move-in ready, though it does require a new roof—an excellent opportunity to add your personal touch and maximize value.

**Key Highlights:**
- **Asking Price:** $235,000
- **ARV (After Repair Value):** $410,000
- **Year Built:** 1947
- **Size:** 1,626 sqft
- **Bonus:** Includes the adjacent lot, perfect for building an Accessory Dwelling Unit (ADU).

**Why This Property Stands Out:**
1. **Increased Property Value:** Adding an ADU could boost the property's value by 20-30%. For instance, a $500,000 home could see an increase of $100,000 to $150,000.
2. **Rental Income Potential:** An ADU can generate additional rental income, ranging from $1,000 to $3,000 per month, enhancing your investment's appeal.
3. **Versatility:** Ideal for multi-generational living, guest accommodations, or as a lucrative rental option.

**Comps in the Area:**
- 5724 Fraser Ave, Sold for $418K
- 5716 Fraser Ave, Sold for $404K
- 5728 Avenue R, Sold for $391K

This property is available as an Assignment of Contract, with an earnest money deposit (EMD) of $5,000. Prospective buyers must provide proof of funds or other qualifications.

For more details, additional pictures, or to schedule a viewing, don't hesitate to reach out. Seize this opportunity to own a stylish home with incredible potential and value!