3506 COVE VIEW BOULEVARD, GALVESTON, TX 77554
Homes for sale in Galveston.
Homes for sale in 77554.
3506 Cove View Boulevard
Galveston, TX 77554
List Price$1,105,000
Listing #75347006
About This Property
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 Features
Location Information
County
Galveston
Longitude
-94.86746
MLS Area
Near West End
Subdivision
Palms At Cove View Condo
Latitude
29.246691
Directions
Seawall West to Cove View Blvd, right on Cove View. The Palms is on the right.
Interior Features
Total Number of Units
7
Exterior Features
Stories
1
Lot Size in Acres
0
Is New Construction
No
Lot Size in Sq. Ft.
732
Construction
Cement Siding
Is One Story
Yes
School
School District
Galveston
Middle School
GISD OPEN ENROLL
Elementary School
GISD OPEN ENROLL
High School
BALL HIGH SCHOOL
Additional Information
Finance Available
Cash, Conventional, FHA, Investor Financing, Owner May Carry
Year Built
1983
Property Type
RI
Status
Active
Property SubType
Multi Family
Similar Listings
Mortgage Calculator
$5,158
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,981
Monthly Tax
$920
Monthly Insurance
$257
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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