2 Beds
1 Bath
4,500 SqFt
2 Beds
1 Bath
4,500 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $145
Subdivision Galveston Townsite
MLS Listing ID 70406709
Bedrooms 2
Full Baths 1
Year Built 2001
Annual Tax Amount $4,705
Tax Year 2024
Lot Size 5,160 Sqft
Property Sub-Type Fourplex
Property Description
This fully occupied 4-plex, built in 2001, offers reliable income with all units Section 8 approved. Located one block from Broadway St. & a scoot to the Seawall, tenants enjoy walkable transit, off-street parking, & easy access to local amenities. Each 2-bed, 1-bath unit has tile floors, in-unit laundry hookups, & separate meters, keeping costs low. The property provides essential affordable housing for Galveston's backbone workforce: cruise line employees, hospitality staff, medical center workers & students, & retail/service personnel. With steady demand from voucher holders & minimal turnover risk, savvy investors can boost returns with modest updates or rent adjustments. Don't miss this rare Galveston investment! Fully occupied, Section 8 approved, strong cash flow, accessible location. Perfect for steady income & long-term growth. Contact me today to learn more! [Learn more DM/Text/Call]
Location
State TX
County Galveston
Area Harborside
Interior
Heating Central Electric
Cooling Central Electric
Flooring Tile
Exterior
Roof Type Composition
Building
Story 2
Unit Features Window Coverings
Structure Type Brick,Vinyl,Wood
New Construction No
Schools
Elementary Schools Gisd Open Enroll
Middle Schools Gisd Open Enroll
High Schools Ball High School
School District 22 - Galveston
Others
Senior Community No
Restrictions Unknown
Tax ID 3505-0277-0012-000
Energy Description Ceiling Fans,Insulated Doors
Acceptable Financing Affordable Housing Program (subject to conditions), Cash Sale, Conventional, Investor
Tax Rate 1.7307
Disclosures Sellers Disclosure, Tenant Occupied
Listing Terms Affordable Housing Program (subject to conditions), Cash Sale, Conventional, Investor
Financing Affordable Housing Program (subject to conditions),Cash Sale,Conventional,Investor
Special Listing Condition Sellers Disclosure, Tenant Occupied
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