For Sale

$1,249,000

HIGHLIGHTS:
  • Active
  • $13,857/month
  • 126 DOM
  • 3 Stories
  • 0 Beds
  • 4,915 SqFT
Description

Prime Galveston Investment – Mixed-Use Property on Broadway Exceptional income-producing opportunity in the heart of Galveston! This beautifully renovated 2023 property features 7 residential units and a longstanding, successful gym—offering both immediate cash flow and long-term appreciation potential. The building combines historic charm with modern upgrades, boasting refinished hardwood floors, exposed ceilings, and high-quality finishes throughout. Its high-visibility Broadway location places it just minutes from the Seawall, UTMB, downtown Galveston, and the island’s premier dining, retail, and entertainment destinations. Highlights: Proven income stream, Recent full renovation (2023) minimizing near-term capital needs Excellent location with strong rental demand Turnkey asset ideal for seasoned investors.

Overview
  • MLS Number: 31905635
  • Type: Multi-Family - Duplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 4,915 SqF
  • Land Size: 10,272 sqft
  • Year Built: 1963
Financial
Price:
$1,249,000
Price/SqFT:
$254.12
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$13,857 *
Tax Amount:
$0
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Electric
    Cooling:
    Central Electric
    Dishwasher:
    Yes
    Microwave:
    Yes
  • Roof:
    Other
    Parking:
    Paved Area

Listed By:
Jonathan Minerick

homecoin.com

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