For Sale
725 Broadway St Galveston, TX 77550
$1,800,000
Description
Partners is pleased to present the opportunity to own a 16-unit multifamily property with historic charm at 717-725 Broadway St, Galveston, TX. This property is located just a block away from Stewart Beach and nearby the University of Texas Medical Branch (UTMB), the Shriners Hospital for Children, and the Port of Galveston Cruise Terminal. This property contains a unique mix of 10 efficiency units and 2 smaller 1/1 units in the building on 725 Broadway, and 4 larger 1/1 units in the 717 Broadway building. All the units at 717 Broadway still have the original hardwood flooring and have undergone renovations to the common area as well. Units in both buildings have had complete renovations to the kitchens in 2021 & 2025 with new flooring, appliances, and countertops. This unique property that blends with the Victorian-era charm of Galveston and proximity to major job centers provide an attractive investment opportunity for a new operator.
Overview
Financial
Price:
$1,800,000
Price/SqFT:
$145.16
HOA Fee:
Tax Rate:
1.71899 %
Est. Monthly:
$22,555 *
Tax Amount:
$30,942
Amenities and features
Foreclosure
Property & Schools on Map
Floor plans / Dimensions / Descriptions
-
InteriorHeating:Wall HeaterCooling:Window Units
-
ExteriorRoof:Other
Listed By:
Ryan DeGennaro
CORE Group
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