5103 Ave O, Galveston, TX 77551
- $1,000,000
- 8
- BD
- 8
- BA
- 4,752
- SqFt
- List Price
- $1,000,000
- Status
- ACTIVE
- MLS#
- 58712947
- Days on Market
- 302
- Year Built
- 1978
- Bedrooms
- 8
- Bathrooms
- 8
- Full-baths
- 8
- Living Area
- 4,752
- Lot Size
- 6,956
- Lot Size Source
- Appraiser
- Subdivision
- Denver Resurvey
- Region
- 33
- Market Area
- Midtown - Galveston
- County
- Galveston
Property Description
“Cozy Corner 8” presents a rare opportunity to acquire a fully renovated, income-producing 8-unit multi-family property in the heart of Galveston, TX. Each unit offers a +/- 594sf one-bedroom, one-bath layout equipped with two window A/C units for tenant comfort. The property includes private rear yard access, off-street parking, and mature landscaping, all contributing to tenant satisfaction and retention. Currently operating as a mix of short-term Airbnb rentals and long-term leases, the building provides investors with both immediate cash flow and flexibility to optimize returns. Four units are fully furnished, and two are actively listed on Airbnb, while additional demand is captured through Furnished Finder, catering specifically to UTMB interns and medical professionals. Professional property management is already in place, with rigorous credit, background, and income verification ensuring a reliable tenant base.
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Additional Information
- Finance Available
- Conventional
- Taxes
- $13,475
- Neighborhood
- Midtown - Galveston
- Heating
- Central, Electric
- Cooling
- Window/Wall
- Stories
- 2
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Water Available
- Lot Description
- Corner Lot
- Roof
- Composition
- School District
- Galveston
- Elementary School
- Gisd Open Enroll
- Middle School
- Gisd Open Enroll
- High School
- Ball High School
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Listing courtesy of Keller Williams Memorial.