For Sale

$2,300,000

HIGHLIGHTS:
  • Active
  • $32,091/month
  • 130 DOM
  • 2 Stories
  • 0 Beds
  • 9,600 SqFT
Description

Located in Galveston's highly desirable East End, 525 11th Street presents a rare opportunity to acquire a fully occupied 10-unit townhome community just blocks from UTMB, Shriners Children's Hospital, downtown Galveston, and the beach. The property consists of ten 2-bedroom, 1.5-bath townhome-style units featuring private entrances, spacious living areas, functional layouts, and outdoor patio spaces designed for long-term tenant appeal. Recent improvements include renovated units with upgraded kitchens, modern cabinetry, stone countertops, updated flooring, refreshed bathrooms, and improved systems. Residents enjoy covered parking, gated access, landscaped common areas, and on-site laundry facilities. Situated on a corner lot with approximately 9,600 square feet of improvements, this investment offers immediate cash flow, strong occupancy history, and value-add potential through continued unit enhancements and future rental growth.

Overview
  • MLS Number: 15972576
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 9,600 SqF
  • Land Size: 10,193 sqft
  • Year Built: 1969
Financial
Price:
$2,300,000
Price/SqFT:
$239.58
HOA Fee:
Tax Rate:
1.71899 %
Est. Monthly:
$32,091 *
Tax Amount:
$39,537
Amenities and features
  • Corner Lot
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Tile
    Heating:
    Central Electric
    Cooling:
    Central Electric
    Energy Feature:
    Ceiling Fans,High-Efficiency HVAC
  • Roof:
    Other
    Exterior Type:
    Brick,Wood
    Lot Description:
    Corner

Listed By:
Melody Hopson

eXp Realty LLC

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