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1820 Avenue O 1/2 - 7 Apartments About 1 Block from Beach 7 Unit Apartment Building Offered at $1,162,216 CAD Galveston, TX 77550
Investment Highlights
- About 1 Block From The Beach
- On-site Laundry
- 1 off-street parking spot per unit
Executive Summary
Coastal investment opportunity just blocks from the beach at 1820 Ave O 1/2 in Galveston. This 7-unit property offers strong income potential with 5 one-bedroom, one-bath units and 2 studios. Currently, 5 units operate as short-term rentals (3 one-bedrooms and 2 studios) with 2025 gross income of $94,101.87. The remaining 2 units are leased month-to-month at $700 and $1,150, providing stable supplemental income. Each unit includes one off-street parking space, and there is an on-site laundry room for tenant convenience. Ideal for investors seeking short-term rental revenue or long-term stability in a prime island location.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 5 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 3510-0070-0012-000 | Improvements Assessment | $725,773 CAD |
| Land Assessment | $172,638 CAD | Total Assessment | $898,410 CAD |
Property Taxes
Parcel Number
3510-0070-0012-000
Land Assessment
$172,638 CAD
Improvements Assessment
$725,773 CAD
Total Assessment
$898,410 CAD
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1820 Avenue O 1/2 - 7 Apartments About 1 Block from Beach
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