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Michael Prince

michael@theprinceofrealestate.com +1(832) 818-3234

$342,500

Est. payment - /mo

2 Beds

1 Bath

2,080 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,080 sqft

Price per Sqft $164

Subdivision Pabst Sub

MLS Listing ID 10511959

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1965

Annual Tax Amount $8,716

Tax Year 2024

Property Sub-Type Triplex

Property Description

Attention Investors! All three units are occupied with long-term tenants and consistently generating income, making this an incredible income-producing opportunity just moments from the beach, now offered at a newly reduced price for a quick sale. This multi-unit property is a perfect escape from city life while delivering strong rental income from day one. The front unit offers 2 bedrooms and 1 bathroom, while the two rear units each feature 1 bedroom and 1 bathroom. A long driveway provides ample parking, and each unit includes its own attached garage. With the recent price improvement, this property is even more attractive for investors seeking cash flow and long-term appreciation. Located in Galveston near Moody Gardens, Pleasure Pier, and The Strand with shopping, dining, fishing, boating, and easy access to Houston, this is a strong rental opportunity. For cap rate analysis and supporting financials, please refer to the attachments.

Location

State TX

County Galveston

Area Near West End

Interior

Heating Window Unit

Cooling Window Unit(s)

Fireplace No

Appliance Dishwasher, Disposal, Microwave

Exterior

Roof Type Composition

Building

Lot Description Cleared

Story 1

Entry Level One

Level or Stories One

New Construction No

Schools

Elementary Schools Gisd Open Enroll

Middle Schools Gisd Open Enroll

High Schools Ball High School

School District 22 - Galveston

Others

Tax ID 5556-0000-0014-000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Disclosures Seller Disclosure

Listing Terms Cash, Conventional, FHA, VA Loan

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Houston Realtors Information Service / HAR MLS

Listed by Kiani Realty Vahid Asghari

NEARBY SCHOOL & BUSINESS

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Michael Prince

+1(832) 818-3234

2313 67th ST Galveston, TX 77551

Michael Prince

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION