For sale:
$550,000
Est. monthly payment*
$2,781 /mo

1516 Avenue K, Galveston, TX 77550 View this listing location on Google maps

Fourplex - Galveston, TX
2 beds 2 bath 2,919 sqft. 1960
Location!! Location!! Location!!! Just a few minutes away from the very desirable historic district of Galveston. The nearby hospital just closed the on-site housing available for all medical students so there is a large demand for housing in the area. Not to mention your in close proximity to the port where large cruise ships come into town (perfect for people wanting to stay at an Airbnb for the weekend) This could be rehabbed and sold for a MASSIVE payday or kept as a 4plex for long-term/short term rental as a buy and hold cash flow property. Very few 4plex properties are available in all of Galveston because they no longer are approving them due to limited parking, but guess what? This property has PLENTY of parking! Street/driveway parking in the front and plenty of parking from alley access in the rear. Most of the rehab has already been completed. The investor ran out of money and wants out of the deal. A deal not to be missed!!!

Detailed Items

  • Architecture Style : Other
  • Building Unit Count : 2
  • # of Floors : 2
  • cooling : Central A/C
  • heating : Natural Gas
  • roof : Composition Shingle

Listing Information

Listing courtesy of Assist2SellLucid Realty, LLC , Copyright © 2025 ListHub. All rights reserved.
Get more information on this listing

All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 1516 Avenue K, Galveston, TX, 77550 is a multifamily listing of 2,919 sqft on a lot of ?. This multifamily listing has 2 bedrooms, and 2 baths. The map for this location is located at https://maps.google.com/?q=1516+Avenue+K%2cGalveston%2cTX%2c77550.

Come see this property!