525 11th St, Galveston, TX 77550
- $2,300,000
- 2
- BD
- 2
- BA
- 9,600
- SqFt
- List Price
- $2,300,000
- Status
- ACTIVE
- MLS#
- 15972576
- Days on Market
- 51
- Year Built
- 1969
- Bedrooms
- 2
- Bathrooms
- 2
- Full-baths
- 2
- Living Area
- 9,600
- Lot Size
- 10,193
- Lot Size Source
- Appraiser
- Subdivision
- Galveston Townsite
- Region
- 33
- Market Area
- East End
- County
- Galveston
Property Description
Located in Galveston's highly desirable East End, 525 11th Street presents a rare opportunity to acquire a fully occupied 10-unit townhome community just blocks from UTMB, Shriners Children's Hospital, downtown Galveston, and the beach. The property consists of ten 2-bedroom, 1.5-bath townhome-style units featuring private entrances, spacious living areas, functional layouts, and outdoor patio spaces designed for long-term tenant appeal. Recent improvements include renovated units with upgraded kitchens, modern cabinetry, stone countertops, updated flooring, refreshed bathrooms, and improved systems. Residents enjoy covered parking, gated access, landscaped common areas, and on-site laundry facilities. Situated on a corner lot with approximately 9,600 square feet of improvements, this investment offers immediate cash flow, strong occupancy history, and value-add potential through continued unit enhancements and future rental growth.
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Additional Information
- Taxes
- $27,038
- Neighborhood
- East End
- Interior Features
- Ceiling Fans
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Stories
- 2
- Utilities
- Natural Gas Available, Water Available
- Lot Description
- Corner Lot
- Roof
- Other
- School District
- Galveston
- Elementary School
- Gisd Open Enroll
- Middle School
- Gisd Open Enroll
- High School
- Ball High School
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Listing courtesy of eXp Realty LLC.