725 Broadway St new Save Request In-Person Tour Request Virtual Tour
Galveston,TX 77550
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,400 sqft
Price per Sqft $145
Subdivision Galveston Townsite
MLS Listing ID 65731466
Year Built 1971
Annual Tax Amount $29,302
Tax Year 2024
Property Sub-Type Multi Family
Property Description
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.
Location
State TX
County Galveston
Area Downtown - Galveston/The Strand
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Exterior
Roof Type Other
Building
Story 2
New Construction No
Schools
Elementary Schools Gisd Open Enroll
Middle Schools Gisd Open Enroll
High Schools Ball High School
School District 22 - Galveston
Others
Special Listing Condition Real Estate Owned