UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,175 sqft
Price per Sqft $213
Subdivision Palms At Cove View Condo
MLS Listing ID 75347006
Bedrooms 2
Full Baths 1
HOA Fees $254/mo
HOA Y/N No
Year Built 1983
Property Sub-Type Multi Family
Property Description
The Palms community offers attractive amenities including a community pool and fitness center, enhancing tenant retention and demand. Currently, the portfolio features two month-to-month leases and five one-year leases, allowing for immediate cash flow with tenants who wish to remain long-term, while still offering flexibility for future plans. Whether you're expanding your investment holdings or seeking a value-add opportunity near the beach, this portfolio delivers location, stability, and upside in one smart package.
Location
State TX
County Galveston
Area Near West End
Interior
Heating Heat Pump
Cooling Central Air, Electric
Fireplace No
Exterior
Roof Type Composition
Building
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
HOA Name The Palms HOA
HOA Fee Include Common Areas,Cable TV,Insurance,Maintenance Structure,Recreation Facilities,Sewer,Trash,Water
Tax ID 5577-0000-0000-000
Acceptable Financing Cash, Conventional, FHA, Investor Financing, Owner May Carry
Listing Terms Cash, Conventional, FHA, Investor Financing, Owner May Carry
Virtual Tour https://listings.nextdoorphotos.com/listing-preview/222551941
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