3506 Cove View Blvd, Galveston, TX 77554
- $1,105,000
- 2
- BD
- 1
- BA
- 5,175
- SqFt
- List Price
- $1,105,000
- Status
- ACTIVE
- MLS#
- 75347006
- Days on Market
- 220
- Year Built
- 1983
- Bedrooms
- 2
- Bathrooms
- 1
- Full-baths
- 1
- Living Area
- 5,175
- Lot Size
- 732
- Lot Size Source
- Appraiser
- Subdivision
- Palms At Cove View Condo
- Region
- 33
- Market Area
- Near West End
- County
- Galveston
Property 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 beach—an 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.
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Additional Information
- Finance Available
- Cash, Conventional, FHA, Investor Financing, Owner May Carry
- Neighborhood
- Near West End
- Heating
- Heat Pump
- Cooling
- Central Air, Electric
- Stories
- 1
- 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 UTR TEXAS, REALTORS.