Income-producing 4-unit property in prime Galveston with $112,396 documented 2-year gross rental income. Large 1900 storm survivor converted into 2 studio apartments, a 1 large bedroom apartment, and a 2 bedroom apartment. High ceilings, original wooden floors, and a double gallery across the front.
Each unit is fully furnished with STR history, adaptable to long-term rental strategy, and perfect for investors, 1031 buyers, or portfolio expansion.
Walking distance to the beach, and within one mile to UTMB and The Strand HIstoric District. Income/expense reports available for this turnkey revenue opportunity! Heating and cooling by individual window units and space heaters. Ask to take a look at this grand old lady of a building. As it is an operating business, not all units may be available to see at any one time, and appointments must be confirmed.
169 days
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63
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1
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Zillow last checked:
Listing updated:
Listed by:
Robert ZahnTREC #0502610409-939-9237,
Coldwell Banker TGRE
Source: HAR,MLS#: 60045253
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Heating
Space Heater
Cooling
Ceiling Fan(s), Window Unit(s)
Features
Flooring: Wood
Furnished: Yes
Property
Features
Stories: 2
Exterior features: Balcony
Lot
Size: 3,855 Square Feet
Features: Subdivided, Conservation District
Details
Parcel number: 351000193008003
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Materials
Wood Siding
Roof: Composition
Condition
New construction: No
Year built: 1950
Utilities & green energy
Utilities for property: Master Meters, Electricity Available, Natural Gas Connected, Water Connected