$750,000
 $4,026 est/mo Sourced by Back At You

3705 Winnie, Galveston Tx 77550,Galveston, TX 77550

Galveston, TX 77550

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Description

Offered below recent appraisal, this well-located 9-unit multifamily property presents an exceptional investment opportunity on Galveston Island. The property is 100% occupied and offers immediate upside through rent escalations and optimization. Unit mix includes seven individual, free-standing 2-bedroom/1-bath structures plus one elevated duplex. All 7 units are situated on one parcel, and the duplex is located on the adjoining parcel. Providing strong income potential and long-term stability, this complex is ideally positioned on the north side of the Island, just 2 blocks from the major thoroughfare of Broadway Avenue, and 3 blocks from Harborside Drive. The Port of Galveston and the Texas A&M - Galveston campus are also conveniently nearby. Ample off-street parking is a rare Island amenity that further enhances tenant appeal. Pro-forma cap rate reflects management and vacancy/loss assumptions. Estate sale and court approval required. Proof of funds required before initial showing.

Details

MLS #54271658
Listing TypeFor Lease
StatusActive
Year1950
Days On Site11
Listing Provided ByJoe Tramonte Realty, Inc. | Hudson Holmes

Features

Bath(s) 7 Total
SQ Feet5,588
Story(s)1
Acreage0.36

Taxes

Property10724

Area Information

StateTX
CountyGalveston
CityGalveston
Zip Code77550
Area33
SubareaDowntown Galveston | The Strand
Community NameGalveston Townsite
School District22 - Galveston
Elementary SchoolGisd Open Enroll
High School22 - Galveston
Listing VS Median (in Galveston Townsite)
Price:
$750,000
low | high
Med:
$297,000
100% of Average
sqft:
5,588
low | high
Med:
1,116
100% of Average
$ / sqft:
$134
low | high
Med:
$286
63.122668561952% of Average
On site:
11
low | high
Med:
11
100% of Average
Sourced by Back At You

Market Activity 77550

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Learn More About This Property

StateTX
CountyGalveston
CityGalveston
Zip Code77550
Area33
SubareaDowntown Galveston | The Strand
Community NameGalveston Townsite
School District22 - Galveston
Elementary SchoolGisd Open Enroll
High School22 - Galveston
Listing VS Median (in Galveston Townsite)
Price:
$750,000
low | high
Med:
$297,000
100% of Average
sqft:
5,588
low | high
Med:
1,116
100% of Average
$ / sqft:
$134
low | high
Med:
$286
63.122668561952% of Average
On site:
11
low | high
Med:
11
100% of Average
Sourced by Back At You
Listing Updated: October 29, 2026 at 8:56:20 AM PDT
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