List Search

1623 Avenue N 1/2
Galveston, TX 77550

$700,000 USD

Apartments For Sale  •  2,383 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,383 SF
  • Lot Size 0.12 AC
  • Year Built 1920
  • Cap Rate 5.90 %
  • Zoning Residential
0 Transit Score
79 Walk Score

Highlights

Exceptional Investment Opportunity – Just Blocks from the Beach!
Incredible 4-plex, a well-maintained and low-maintenance property with excellent cash flow potential in a prime beachside location.
Spacious 2 bed/1.5 bath upstairs unit (Vacant), a cozy 1 bed/1 bath garage apartment, and two efficiency (studio) units downstairs
Diverse rental mix to maximize your income and in good overall condition.
Recent upgrades include a new roof (2020), all siding replaced with Hardie plank, along with many interior unit upgrades.
This is a rare opportunity to invest in a highly desirable area, just a short stroll from the beach!

Property Flyers

Cap Rate: 5.90 %

Amenities

  • 24 Hour Access
  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Sundeck
Tim Larson 281-508-0800 KW Commercial
Tim Larson 281-508-0800 KW Commercial