For Sale
$369,900

1612 41 StGalveston, TX 77550

High-Occupancy Duplex in Central Galveston

Overview

Added:
Dec 11, 2024
Days on market:
117
This centrally located Galveston, Texas apartment building presents a compelling investment opportunity. Built in 1958, this two-story, 100% occupied duplex offers immediate income generation. The property boasts spacious, updated units, appealing to a diverse tenant base including students attending Texas A&M Galveston and the University of Texas Medical Branch (UTMB), as well as professionals and those seeking convenient access to downtown Galveston and its amenities. Situated on 41st Street in Galveston County (zip code 77550), the building benefits from its proximity to the historic Strand District, offering abundant shopping, dining, and entertainment options. The location also provides easy access to Galveston's beaches, fostering strong rental demand for both long-term and vacation rentals. This stabilized investment, priced at $369,900, offers a chance to capitalize on Galveston's year-round appeal and robust rental market, making it an attractive option for investors seeking a coastal property with strong potential for return. The property's convenient location near educational institutions and the city center ensures consistent occupancy and a steady income stream. This is a turnkey opportunity to own a piece of Galveston's thriving real estate market.

Highlights

  • Centrally located Galveston, TX duplex, offering immediate income generation due to 100% occupancy.
  • Two-story building with spacious, updated units.
  • Attractive to a diverse tenant base including students, professionals, and those seeking convenient access to downtown Galveston.
  • Situated near the historic Strand District, beaches, Texas A&M Galveston, and UTMB.
  • Priced at $369,900, presenting a strong potential for return on investment.

Property Details for 1612 41 St

Property type
Apartment buildings
Year Built
1958
Buildings
1
Stories
2

Location Insight

City
Galveston
County
Galveston
State
Texas
Latitude
29.289031499377
Longitude
-94.810719518505
1612 41 St, Galveston, Texas

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1612 41 St
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