For Sale

$347,000

HIGHLIGHTS:
  • Active
  • $4,535/month
  • 185 DOM
  • 1 Stories
  • 0 Beds
  • 2,080 SqFT
Description

Attention Investors! All three units are occupied with long-term tenants and consistently generating income, making this an incredible income-producing opportunity just moments from the beach, now offered at a newly reduced price for a quick sale. This multi-unit property is a perfect escape from city life while delivering strong rental income from day one. The front unit offers 2 bedrooms and 1 bathroom, while the two rear units each feature 1 bedroom and 1 bathroom. A long driveway provides ample parking, and each unit includes its own attached garage. With the recent price improvement, this property is even more attractive for investors seeking cash flow and long-term appreciation. Located in Galveston near Moody Gardens, Pleasure Pier, and The Strand with shopping, dining, fishing, boating, and easy access to Houston, this is a strong rental opportunity. For cap rate analysis and supporting financials, please refer to the attachments.

Overview
  • MLS Number: 67528814
  • Type: Multi-Family - Triplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 2,080 SqF
  • Land Size: 9,488 sqft
  • Year Built: 1965
Financial
Price:
$347,000
Price/SqFT:
$166.83
Original Price:
$349,000
Reduced $:
$2,000
Reduced On:
May 17th, 2026
Reduced %:
0.57 %
HOA Fee:
Tax Rate:
1.71899 %
Est. Monthly:
$4,535 *
Tax Amount:
$5,965
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Window Unit
    Cooling:
    Window Units
    Dishwasher:
    Yes
    Disposal:
    Yes
    Microwave:
    Yes
  • Roof:
    Composition
    Lot Description:
    Cleared

Listed By:
Vahid Asghari

Kiani Realty

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