For Sale

$1,000,000

HIGHLIGHTS:
  • Active
  • $12,539/month
  • 109 DOM
  • 2 Stories
  • 0 Beds
  • 4,752 SqFT
Description

“Cozy Corner 8” presents a rare opportunity to acquire a fully renovated, income-producing 8-unit multi-family property in the heart of Galveston, TX. Each unit offers a +/- 594sf one-bedroom, one-bath layout equipped with two window A/C units for tenant comfort. The property includes private rear yard access, off-street parking, and mature landscaping, all contributing to tenant satisfaction and retention. Currently operating as a mix of short-term Airbnb rentals and long-term leases, the building provides investors with both immediate cash flow and flexibility to optimize returns. Four units are fully furnished, and two are actively listed on Airbnb, while additional demand is captured through Furnished Finder, catering specifically to UTMB interns and medical professionals. Professional property management is already in place, with rigorous credit, background, and income verification ensuring a reliable tenant base.

Overview
  • MLS Number: 58712947
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 4,752 SqF
  • Land Size: 6,956 sqft
  • Year Built: 1978
Financial
Price:
$1,000,000
Price/SqFT:
$210.44
HOA Fee:
Tax Rate:
1.71899 %
Est. Monthly:
$12,539 *
Tax Amount:
$17,190
Amenities and features
  • Corner Lot
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Laminate,Tile
    Heating:
    Central Electric
    Cooling:
    Window Units
  • Roof:
    Composition
    Exterior Type:
    Brick
    Lot Description:
    Corner
    Parking:
    Paved Area
    Parking Unit:
    One
    Front Door Face:
    North

Listed By:
Timothy Larson

Keller Williams Memorial

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