For Sale

$345,000

HIGHLIGHTS:
  • Active
  • $4,401/month
  • 28 DOM
  • 1 Stories
  • 0 Beds
  • 2,206 SqFT
Description

Investor Special – Fully Occupied Income Property Near Kemah Boardwalk Excellent cash-flowing investment opportunity in a highly desirable Kemah location. Property is 100% occupied with a strong rental history and units that lease quickly when available. Property Breakdown: • 1 – 3 bed / 2 bath single-family home • 2 – 2 bed / 1 bath units • 1 – Efficiency unit Income: • Gross rental income: $3,700/month • Additional $150/month from on-site coin-operated laundry Key Investment Highlights: • Commercial zoning – potential for future redevelopment or mixed use • Situated on two lots • Strong rental demand area • Value-add potential with future rent increases • Walking distance to Kemah Boardwalk, Galveston Bay, restaurants, shopping, and Stewart Elementary Great opportunity for investors seeking immediate income with long-term upside in a high-demand coastal market.

Overview
  • MLS Number: 83783799
  • Type: Multi-Family - Fourplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 2,206 SqF
  • Land Size: 14,500 sqft
  • Year Built: 1950
Financial
Price:
$345,000
Price/SqFT:
$156.39
HOA Fee:
Tax Rate:
1.67576 %
Est. Monthly:
$4,401 *
Tax Amount:
$5,781
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Electric,Central Gas
    Cooling:
    Central Electric,Window Units
  • Roof:
    Composition

Listed By:
William Wimmer

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