
Courtesy of: Jonathan Minerick, homecoin.com, info@homecoin.com
$325,000
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2 bed
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1.00 Bath (1 Full)
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|
Quadruplex
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$325,000
627 Sealy Avenue Prime Investment Opportunity | Value-Add Multifamily Exceptional opportunity to acquire a well-located property in the heart of Galveston’s East End, just minutes from UTMB, the beach, and downtown. This spacious property currently features four units consisting of three 1-bedroom units and one 2-bedroom unit, offering a strong foundation for immediate rental income or a strategic repositioning. The building sits on a large lot and offers a generous overall layout, making it an ideal candidate for a value-add renovation or redevelopment project. With the right vision, the property presents the potential to be reconfigured into at least four or more updated apartment units, maximizing rental income and long-term returns. Recent improvements have already been made, including the addition of two new kitchens and ongoing upgrades completed throughout the property over the past several years, reducing upfront renovation scope and accelerating stabilization potential.
Courtesy of: Jonathan Minerick, homecoin.com, info@homecoin.com
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