3506 Cove View, Galveston, Texas

$1,105,000
Active
3506 Cove View, Galveston, Texas
3506 Cove View, Galveston, Texas
3506 Cove View, Galveston, Texas
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Property Details

MLS ID: 75347006
Status: Active
Price: $1,105,000
Type: Multi-Family, Residential
Address: 3506 Cove View
City, State: Galveston, TX
County: Galveston County
ZIP Code: 77554
Parcel Number: 5577-0000-0000-000
Bedrooms: 2
Bathrooms: 1
SqFt: 5,175
Year Built: 1983

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.

Directions: Seawall West to Cove View Blvd, right on Cove View. The Palms is on the right.

JD McKay

JD McKay

Capitol Ranch Real Estate, LLC

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JD McKay
Capitol Ranch Real Estate, LLC
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Listed By: Tammy Petterson of Utr Texas, Realtors - (832) 221-8755