Investor Special - Fully Occupied Income Property Near Kemah Boardwalk Excellent cash-flowing investment opportunity in a highly desirable Kemah location. Property is 100% occupied with a strong rental history and units that lease quickly when available. Property Breakdown: 1 - 3 bed / 2 bath single-family home 2 - 2 bed / 1 bath units 1 - Efficiency unit Income: Gross rental income: $3,700/month Additional $150/month from on-site coin-operated laundry Key Investment Highlights: Commercial zoning - potential for future redevelopment or mixed use Situated on two lots Strong rental demand area Value-add potential with future rent increases Walking distance to Kemah Boardwalk, Galveston Bay, restaurants, shopping, and Stewart Elementary Great opportunity for investors seeking immediate income with long-term upside in a high-demand coastal market.
| MLS # | 83783799 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 166 |
| Listing Provided By | EVERAGENT | William Wimmer |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,206 |
| Story(s) | 1 |
| Units | 4 |
| Acreage | 14500.00 |
| Tax Annual Amount | 6638 |
|---|
| State | TX |
|---|---|
| County | Galveston |
| City | Kemah |
| Zip Code | 77565 |
| Area | 33 |
| Subarea | League City |
| Community Name | West Kemah |
| Listing VS Median (in West Kemah) | |
Price: $345,000 low | high Med: $172,988 sqft: 2,206 low | high Med: 1,471 $ / sqft: $156 low | high Med: $79 On site: 166 low | high Med: 88 | |
| State | TX |
|---|---|
| County | Galveston |
| City | Kemah |
| Zip Code | 77565 |
| Area | 33 |
| Subarea | League City |
| Community Name | West Kemah |
| Listing VS Median (in West Kemah) | |
Price: $345,000 low | high Med: $172,988 sqft: 2,206 low | high Med: 1,471 $ / sqft: $156 low | high Med: $79 On site: 166 low | high Med: 88 | |