For Sale
1820 Avenue O 1/2 Galveston, TX 77550
$839,000
Description
Coastal investment opportunity just blocks from the beach at 1820 Ave O 1/2 in Galveston. This 7-unit property offers strong income potential with 5 one-bedroom, one-bath units and 2 studios. Currently, 5 units operate as short-term rentals (3 one-bedrooms and 2 studios) with 2025 gross income of $94,101.87. The remaining 2 units are leased month-to-month at $700 and $1,150, providing stable supplemental income. Each unit includes one off-street parking space, and there is an on-site laundry room for tenant convenience. Ideal for investors seeking short-term rental revenue or long-term stability in a prime island location.
Overview
Financial
Price:
$839,000
Price/SqFT:
$202.07
HOA Fee:
Tax Rate:
1.71899 %
Est. Monthly:
$10,456 *
Tax Amount:
$14,422
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
-
InteriorHeating:Heat PumpCooling:Heat Pump
-
ExteriorRoof:CompositionParking:Paved AreaParking Unit:One
Listed By:
Anthony Jensen
ZAPP Realty
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