725 BROADWAY ST, GALVESTON, TX 77550
Homes for sale in Galveston.
Homes for sale in 77550.
725 Broadway St
Galveston, TX 77550
List Price$1,800,000
Listing #65731466
12,400
Square Feet
16
Number of Units
Multi-Unit Residential
Type
About This Property
Partners is pleased to present the opportunity to own a 16-unit multifamily property with historic charm at 717-725 Broadway St, Galveston, TX. This property is located just a block away from Stewart Beach and nearby the University of Texas Medical Branch (UTMB), the Shriners Hospital for Children, and the Port of Galveston Cruise Terminal. This property contains a unique mix of 10 efficiency units and 2 smaller 1/1 units in the building on 725 Broadway, and 4 larger 1/1 units in the 717 Broadway building. All the units at 717 Broadway still have the original hardwood flooring and have undergone renovations to the common area as well. Units in both buildings have had complete renovations to the kitchens in 2021 & 2025 with new flooring, appliances, and countertops. This unique property that blends with the Victorian-era charm of Galveston and proximity to major job centers provide an attractive investment opportunity for a new operator.
Property Features
Location Information
County
Galveston
Longitude
-94.792591
MLS Area
Downtown - Galveston/The Strand
Subdivision
Galveston Townsite
Latitude
29.305741
Directions
Head east on Broadway from Houston, property is on the corner of Broadway and 8th St just before the seawall.
Interior Features
Total Number of Units
16
Exterior Features
Stories
2
Lot Size in Sq. Ft.
15,480
Is New Construction
No
Is One Story
No
Lot Size in Acres
0
School
School District
Galveston
Middle School
GISD OPEN ENROLL
Elementary School
GISD OPEN ENROLL
High School
BALL HIGH SCHOOL
Additional Information
Property Type
RI
Year Built
1971
Property SubType
Multi Family
Status
Active
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Mortgage Calculator
$8,406
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$6,486
Monthly Tax
$1,500
Monthly Insurance
$420
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
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