$345,000
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.
3
Beds
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2
Baths
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83783799
MLS
⋅
ACTIVE
Status
135 W 5th St, Kemah