22
$374,950
2 beds · 2 baths · 697 sq ft
1220 32nd
Galveston, TX, 77550
Durmoye Realty
$1,105,000
3506 Cove View
Galveston, TX, 77554
2beds·1bath·5,175sq ft
Repliers estimate
$354,416
Range $326,063 to $382,769
▼ 67.9% vs, list
Based on Galveston median sold (12-mo). Estimate is illustrative; pair with a professional CMA for offers.
About this home
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.
Property details
- Year built
- 1983
- Property type
- Residential Income
- Style
- Multi Family,5 Plus
- Heating
- Heat Pump
- Cooling
- Electric
- Lot
- 732 acres
Property history
| Date | Event | Price |
|---|---|---|
| · | New | $165,000 |
| · | New | $1,100 |
| · | New | $139,900 |
| · | New | $168,000 |
| · | New | $1,350 |
| · | Exp | $179,000 |
| · | New | $155,000 |
| · | New | $160,000 |
| · | New | $1,500 |
| · | New | $1,450 |
