For Sale

$524,900

HIGHLIGHTS:
  • Active
  • $6,922/month
  • 337 DOM
  • 2 Stories
  • 0 Beds
  • 2,800 SqFT
Description

NEW PRICE | MOTIVATED SELLERS | Galveston 4-Unit Income Property now offered at $524,900. This fully furnished multifamily investment features **four separately rentable 2BR/1BA units across three distinct buildings — a duplex and two detached bungalows — totaling 8 bedrooms and 4 bathrooms. Each unit has its own kitchen, bath, and unique coastal-inspired design, creating a turnkey rental opportunity. Located in Galveston’s Historic East End, this property is walkable to the Seawall, beach, Strand, restaurants, and minutes from UTMB. Documented income history: 2024 Gross Income: $71,059 | 2025 Gross Income: $73,962 | 2026 YTD Gross Income: $56,366 Flexible strategies include STR, mid-term, long-term, or a blended approach. No renovation needed — this established income-producing asset is ready for continued operation. Buyer to independently verify income, expenses, and rental opportunities.

Overview
  • MLS Number: 73205143
  • Type: Multi-Family - Multiple Detached Dw
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 2,800 SqF
  • Land Size: 5,136 sqft
  • Year Built: 1952
Financial
Price:
$524,900
Price/SqFT:
$187.46
HOA Fee:
Tax Rate:
1.71899 %
Est. Monthly:
$6,922 *
Tax Amount:
$9,023
Amenities and features
  • Corner Lot
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Vinyl Plank
    Cooling:
    Window Units
    Heating:
    Window Unit
    Dishwasher:
    No
    Microwave:
    Yes
    Compactor:
    No
    Disposal:
    No
    Energy Feature:
    Ceiling Fans
  • Roof:
    Composition
    Lot Description:
    Corner
    Front Door Face:
    East

Listed By:
Kathy Philipp

Keller Williams Realty Clear Lake / NASA

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