5103 Avenue O new Save Request In-Person Tour Request Virtual Tour
Galveston,TX 77551
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,752 sqft
Price per Sqft $210
Subdivision Denver Resurvey
MLS Listing ID 58712947
Bedrooms 1
Full Baths 1
Year Built 1978
Annual Tax Amount $13,475
Tax Year 2025
Property Sub-Type Multi Family
Property Description
“Cozy Corner 8” presents a rare opportunity to acquire a fully renovated, income-producing 8-unit multi-family property in the heart of Galveston, TX. Each unit offers a +/- 594sf one-bedroom, one-bath layout equipped with two window A/C units for tenant comfort. The property includes private rear yard access, off-street parking, and mature landscaping, all contributing to tenant satisfaction and retention. Currently operating as a mix of short-term Airbnb rentals and long-term leases, the building provides investors with both immediate cash flow and flexibility to optimize returns. Four units are fully furnished, and two are actively listed on Airbnb, while additional demand is captured through Furnished Finder, catering specifically to UTMB interns and medical professionals. Professional property management is already in place, with rigorous credit, background, and income verification ensuring a reliable tenant base.
Location
State TX
County Galveston
Area Midtown - Galveston
Interior
Heating Central,Electric
Cooling Window Unit(s)
Flooring Laminate,Tile
Exterior
Parking Features Paved
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Water Available
Roof Type Composition
Building
Lot Description Corner Lot
Story 2
New Construction No
Schools
Elementary Schools Gisd Open Enroll
Middle Schools Gisd Open Enroll
High Schools Ball High School
School District 22 - Galveston
Others
Acceptable Financing Conventional
Listing Terms Conventional