3506 COVE VIEW BOULEVARD, GALVESTON, TX 77554

Homes for sale in Galveston.

Homes for sale in 77554.


3506 Cove View Boulevard

Galveston, TX 77554

Active

List Price$1,105,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #75347006

2

Bedrooms

1 full

Bathrooms

5,175

Square Feet

7

Number of Units

Multi-Unit Residential

Type

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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