For Sale

$299,900

HIGHLIGHTS:
  • Active
  • $3,923/month
  • 29 DOM
  • 2 Stories
  • 0 Beds
  • 1,618 SqFT
Description

Unlock exceptional cash flow with this versatile multi-unit residential property in the heart of Galveston. Perfectly positioned for the savvy investor or an owner-occupant looking to "house hack," this high-performing asset features a charming 2-bedroom, 1-bathroom single-family front home paired with a detached 1-bedroom, 1-bathroom duplex in the rear. Both structures were completely renovated in 2021-with updated electrical wiring, plumbing systems, & a new roof. With a combined estimated monthly rental income of $3,500, this property offers a robust yield in a market where renter demand remains consistently high. Beach & Boardwalk Access: You are less than 1.5 miles from the Seawall, offering instant access to sandy beaches, Gulf-view dining, and the iconic Historic Pleasure Pier. Medical & Professional Hub: Ideally situated near UTMB (University of Texas Medical Branch) and the downtown business district, ensuring a steady stream of professional and student rental candidates.

Overview
  • MLS Number: 18412862
  • Type: Multi-Family - Multiple Detached Dw
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 1,618 SqF
  • Land Size: 5,400 sqft
  • Year Built: 1960
Financial
Price:
$299,900
Price/SqFT:
$185.35
HOA Fee:
Tax Rate:
1.71899 %
Est. Monthly:
$3,923 *
Tax Amount:
$5,155
Amenities and features
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Laminate
    Cooling:
    Window Units
    Heating:
    Space Heater
    Energy Feature:
    Ceiling Fans
  • Roof:
    Composition
    Exterior Type:
    Vinyl,Wood
    Parking:
    Paved Area
    Front Door Face:
    South

Listed By:
Collin Scott

Leopold & Strahan

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