Description
This is a Minimum Service Listing, please call your agent for details. Coastal Multi-Family Value-Add Rare Galveston BRRRR & STR Investor Special. This off-market style duplex opportunity is a premier distressed asset play for BRRRR buyers, rental portfolio builders, and fix-and-flip specialists seeking a high-margin acquisition in Galveston’s established Carver Park neighborhood. The flexible, two-story ~1,700 sq ft footprint supports efficient structural, cosmetic, and mechanical updates to maximize ARV and drive forced appreciation. Located in an island submarket experiencing high demand for updated housing, scarcity of multi-family inventory, and robust rental appetite, this asset offers multiple exit strategies for the savvy contractor or out-of-state investor. Capitalize on premium long-term cash flow, or pivot to a furnished mid-term/short-term vacation rental structure just minutes from the Seawall, UTMB, and the tourism corridor.
Details
| MLS # | 98114245 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 72 |
| Listing Provided By | ListWithFreedom.com | Salvador Caballero |
Features
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 1,700 |
| Story(s) | 2 |
| Units | 2 |
| Acreage | 2250.00 |
Taxes
| Tax Annual Amount | 3334 |
|---|
Area Information
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | 33 |
| Subarea | Harborside |
| Community Name | Galveston Townsite |
| Listing VS Median (in Galveston Townsite) | |
Price: $180,000 low | high Med: $330,000 sqft: 1,700 low | high Med: 2,436 $ / sqft: $106 low | high Med: $135 On site: 72 low | high Med: 67 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | 33 |
| Subarea | Harborside |
| Community Name | Galveston Townsite |
| Listing VS Median (in Galveston Townsite) | |
Price: $180,000 low | high Med: $330,000 sqft: 1,700 low | high Med: 2,436 $ / sqft: $106 low | high Med: $135 On site: 72 low | high Med: 67 | |
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Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
