Description
The perfect investment opportunity in a prime location on Galveston Island! This 4-unit multi-family is conveniently located centrally on the island between Moody Gardens, the Seawall, Texas A&M University, the Port of Galveston's Cruise Ship Terminals and UTMB. Plenty of possible income opportunities from both year round and short term residents. The property is located off of one of Galveston's major commercial thoroughfare's, 61st Street, and a few blocks from the Galveston Island Convention Center, and the San Luis Resort. The property elevation has been raised and a two-car garage, workshop/storage, and bonus space is located at the ground level. The second floor features three, one bedroom units. The third and fourth floors make up the fourth unit which has 3-5 bedrooms and 3 baths. On-site laundry for tenants is located in the garage space. Current Flood Insurance is below $1,000. Taxes below expected. The property provides 5 off-street parking spaces. This is a must see!
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4BEDS
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0.07ACRES
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3BATHS
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01/2 BATHS
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3,750SQFT
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$154$/SQFT
School Information
Description
The perfect investment opportunity in a prime location on Galveston Island! This 4-unit multi-family is conveniently located centrally on the island between Moody Gardens, the Seawall, Texas A&M University, the Port of Galveston's Cruise Ship Terminals and UTMB. Plenty of possible income opportunities from both year round and short term residents. The property is located off of one of Galveston's major commercial thoroughfare's, 61st Street, and a few blocks from the Galveston Island Convention Center, and the San Luis Resort. The property elevation has been raised and a two-car garage, workshop/storage, and bonus space is located at the ground level. The second floor features three, one bedroom units. The third and fourth floors make up the fourth unit which has 3-5 bedrooms and 3 baths. On-site laundry for tenants is located in the garage space. Current Flood Insurance is below $1,000. Taxes below expected. The property provides 5 off-street parking spaces. This is a must see!