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135 W 5th St, Kemah, TX 77565

$325,000
: 3
BD
: 2
BA
: 2,206
SqFt

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List Price: $325,000
Status: ACTIVE
MLS#: 83783799
Price Change: ▼ $20,000 1789082218
Bedrooms: 3
Bathrooms: 2
Living Area: 2,206
Lot Size: 14,500
Area: 33

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Property Description

Investor Special – Fully Occupied Income Property Near Kemah Boardwalk Excellent cash-flowing investment opportunity in a highly desirable Kemah location. Property is 100% occupied with a strong rental history and units that lease quickly when available. Property Breakdown: • 1 – 3 bed / 2 bath single-family home • 2 – 2 bed / 1 bath units • 1 – Efficiency unit Income: • Gross rental income: $3,700/month • Additional $150/month from on-site coin-operated laundry Key Investment Highlights: • Commercial zoning – potential for future redevelopment or mixed use • Situated on two lots • Strong rental demand area • Value-add potential with future rent increases • Walking distance to Kemah Boardwalk, Galveston Bay, restaurants, shopping, and Stewart Elementary Great opportunity for investors seeking immediate income with long-term upside in a high-demand coastal market.

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Additional Information

Roof: Composition
Region: 33
School District: Clear Creek
Elementary School: Stewart Elementary School (Clear Creek)
High School: Clear Falls High School
Middle School: Bayside Intermediate School
Stories: 1
Street Name: W 5th St
Street Number: 135
Neighborhood: League City
County: Galveston
Heating: Central, Electric, Natural Gas