135 W 5TH STREET, KEMAH, TX 77565
Homes for sale in Kemah.
Homes for sale in 77565.
135 W 5th Street
Kemah, TX 77565
List Price$345,000
Listing #83783799
3
Bedrooms
2 full
Bathrooms
2,206
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
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.
Property Features
Location Information
County
Galveston
Longitude
-95.024259
MLS Area
League City
Subdivision
West Kemah
Latitude
29.544261
Directions
From 146 go West on 2094/ Marina Bay Dr Take the 1st right onto Carolyn St 0.2 mi Turn left onto W 5th St Destination will be on the right 0.1 mi 135 W 5th St Kemah, TX 77565
Interior Features
Total Number of Units
4
Exterior Features
Style
Fourplex
Lot Size in Acres
0
Stories
1
Lot Size in Sq. Ft.
14,500
Is New Construction
No
Is One Story
Yes
School
School District
Clear Creek
Middle School
BAYSIDE INTERMEDIATE SCHOOL
Elementary School
STEWART ELEMENTARY SCHOOL (CLEAR CREEK)
High School
CLEAR FALLS HIGH SCHOOL
Additional Information
Finance Available
Cash, Conventional, Investor Financing, Owner May Carry
Year Built
1950
Property Type
RI
Status
Active
Property SubType
Quadruplex
Similar Listings
Mortgage Calculator
$1,610
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,243
Monthly Tax
$287
Monthly Insurance
$80
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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