For Sale
1515 19th St Galveston, TX 77550
$925,000
Description
Turnkey 6 unit- income producing property just minutes from UTMB and the beach. Fully remodeled and 100% occupied, this Galveston multifamily offers strong in place income with immediate cash flow and future upside. The property features six units total: One 2- bedroom 1 bath, four 1-bedroom 1 baths and one efficiency. All units are fully furnished and beautifully updated, making them ideal for long term or short term rental flexibility. A true standout is the expansive outdoor pavilion, designed for gathering entertaining, It includes multiple seating ares, custom pergolas, string lighting and a central fountain space., creating a resort-like atmosphere. The pavilion also offers room for expansion, adding additional income potential, Located just six blocks from the beach on an extra-wide street with bike lanes and less then 2 miles from the UT Medical Branch. Property is perfectly positioned for consistent tenant demand from medical professionals, students, and vacation renters.
Overview
Financial
Price:
$925,000
Price/SqFT:
$245.95
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$9,181 *
Tax Amount:
$0
Amenities and features
Corner Lot
Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
-
InteriorFloors:Concrete,Laminate,TileHeating:Window UnitCooling:Window UnitsDisposal:YesMicrowave:NoDishwasher:YesEnergy Feature:Ceiling Fans
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ExteriorRoof:CompositionExterior Type:WoodLot Description:Corner
Listed By:
Michael Ramirez
M.J.R. Real Estate
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