3506 Cove View Boulevard,Galveston, TX 77554
Galveston, TX 77554
Description
Investor opportunity in the desirable West End of Galveston! This portfolio includes 7 income-producing condos at The Palms, just a short walk from the beachan ideal location for both long-term and future rental potential. The offering consists of three 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and one efficiency, providing a strong mix to appeal to a wide tenant base. 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.
Details
| MLS # | 75347006 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $3,050 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 250 |
| Listing Provided By | UTR TEXAS, REALTORS | Tammy Petterson |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 5,175 |
| Story(s) | 1 |
| Units | 7 |
| Acreage | 732.00 |
Area Information
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77554 |
| Area | 33 |
| Subarea | Near West End |
| Community Name | Palms At Cove View Condo |
| Listing VS Median (in Palms At Cove View Condo) | |
Price: $1,105,000 low | high Med: $151,200 sqft: 5,175 low | high Med: 732 $ / sqft: $214 low | high Med: $207 On site: 250 low | high Med: 228 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77554 |
| Area | 33 |
| Subarea | Near West End |
| Community Name | Palms At Cove View Condo |
| Listing VS Median (in Palms At Cove View Condo) | |
Price: $1,105,000 low | high Med: $151,200 sqft: 5,175 low | high Med: 732 $ / sqft: $214 low | high Med: $207 On site: 250 low | high Med: 228 | |
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