3705 Winnie, Galveston, TX 77550
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
3705 Winnie,Galveston, TX 77550
$750,000
- - Beds
- 7 Baths
- 5,588 sq. ft.
- Multi-family
- Active
Listed by: hudson holmes
Office: joe tramonte realty, inc.409-765-9837
MLS#:54271658
Source:HARMLS
Price summary
- Price:$750,000
- Price per sq. ft.:$134.22
About this home
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.
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Home facts
- Year built:1950
- Listing ID #:54271658
- Updated:May 17, 2026 at 11:40 AM
Rooms and interior
- Total bathrooms:7
- Full bathrooms:7
- Living area:5,588 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1950
- Building area:5,588 sq. ft.
- Levels:1 Story
Schools
- High school:BALL HIGH SCHOOL
- Middle school:GISD OPEN ENROLL
- Elementary school:GISD OPEN ENROLL
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$134.22
- Tax amount:$10,724 (2025)
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