135 W 5th St, Kemah, TX 77565

$345,000
3
BD
2
BA
2,206
SqFt

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List Price
$345,000
Status
ACTIVE
MLS#
83783799
Days on Market
134
Year Built
1950
Style
Fourplex
Bedrooms
3
Bathrooms
2
Full-baths
2
Living Area
2,206
Lot Size
14,500
Lot Size Source
Appraiser
Subdivision
West Kemah
Region
33
Market Area
League City
County
Galveston

Property Description

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.

Additional Information

Finance Available
Cash, Conventional, Investor Financing, Owner May Carry
Taxes
$6,638
Neighborhood
League City
Heating
Central, Electric, Natural Gas
Cooling
Central Air, Electric, Window/Wall
Stories
1
Utilities
Cable Available, Electricity Available, Natural Gas Available, Water Available
Roof
Composition
School District
Clear Creek
Elementary School
Stewart Elementary School (Clear Creek)
Middle School
Bayside Intermediate School
High School
Clear Falls High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of EVERAGENT.