Investor’s Dream in Galveston Rare Opportunity: 4 Units w/Off-Street Parking + W/D Conn 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]
| MLS # | 46205638 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 83 |
| Listing Provided By | THE Realty Partnership, LLC | Tracy Henderson |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,500 |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 5160.00 |
| Lot Features | Subdivision |
|---|
| Parking Features | Paved |
|---|
| Tax Annual Amount | 4705 |
|---|
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | 33 |
| Subarea | Harborside |
| Community Name | Galveston Townsite |
| Listing VS Median (in Galveston Townsite) | |
Price: $650,000 low | high Med: $330,000 sqft: 4,500 low | high Med: 1,908 $ / sqft: $144 low | high Med: $187 On site: 83 low | high Med: 444.5 | |
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | 33 |
| Subarea | Harborside |
| Community Name | Galveston Townsite |
| Listing VS Median (in Galveston Townsite) | |
Price: $650,000 low | high Med: $330,000 sqft: 4,500 low | high Med: 1,908 $ / sqft: $144 low | high Med: $187 On site: 83 low | high Med: 444.5 | |