Galveston, Texas, offers the perfect blend of coastal charm, rich history, and modern entertainment, making it a coveted destination for homeowners, renters, and investors alike. If you're searching for a property that promises both income potential and an unbeatable lifestyle, look no further than this exceptional 4-plex, 1623 Avenue N 1/2, Galveston, TX 77550, located just blocks from the beach! Get more property details and photos here.
Prime Investment Property with Excellent Cash Flow Potential
This well-maintained 4-plex is designed to deliver diverse rental opportunities, with four unique units to suit a variety of tenant needs:
- Upstairs Unit: A spacious 2-bedroom, 1.5-bath layout, currently vacant and ready for immediate showings.
- Garage Apartment: A cozy 1-bedroom, 1-bath unit offering charm and privacy.
- Two Efficiency Units: Studio-style layouts perfect for long-term renters or short-term guests.
Recent upgrades include a new roof installed in 2020, Hardie plank siding, and several interior improvements, ensuring this property remains low-maintenance and high-performing for years to come.
Why Galveston? A Lifestyle Worth Investing In
Owning property in Galveston isn’t just about the numbers—it’s about investing in a vibrant, coastal lifestyle. Here’s why this island city is so special:
Unbeatable Location
This property is located just steps from Galveston’s stunning beaches and close to major attractions, including:
- The Strand: A historic district brimming with shops, galleries, and restaurants.
- The Seawall: Perfect for biking, walking, or enjoying the Gulf breeze.
- Moody Gardens & Schlitterbahn Waterpark: Family-friendly entertainment within minutes.
- Pleasure Pier: A classic amusement park with breathtaking ocean views.
A Food Lover’s Paradise
Galveston is renowned for its culinary scene, featuring everything from fresh Gulf seafood to international flavors. Some local favorites include:
- Rudy & Paco: Known for its upscale Latin-inspired menu.
- Katie's Seafood House: Famous for its fresh, locally-sourced seafood.
- Maceo Spice & Import: A beloved spot for Italian fare and unique spices.
- Cajun Greek: Offering bold, flavorful seafood dishes.
- Number 13 Prime Steak and Seafood: Perfect for an elevated dining experience.
- Sonny’s: A local favorite for casual, hearty meals.
Endless Entertainment and Events
Galveston hosts a variety of events throughout the year, attracting visitors and locals alike. Highlights include:
- Mardi Gras celebrations and parades.
- Dickens on The Strand, an annual Victorian-themed holiday festival.
- Lone Star Rally, the largest motorcycle rally in Texas.
- Moody Gardens Christmas Festival of Lights.
- Galveston Sand Castle Festival and more.
Exceptional Features for Tenants and Investors
This 4-plex isn’t just about location—it’s about creating an experience. The property boasts unique architectural details that reflect Galveston’s historic charm while offering modern amenities for comfort. A lovely outdoor space provides tenants with the perfect spot to enjoy the coastal breeze.
Key Investment Highlights
- Proximity to UTMB: Attracts students, faculty, and medical professionals.
- Diverse Rental Potential: Perfect for long-term tenants or short-term vacationers.
- Beachside Appeal: Walkable distance to the Gulf of Mexico enhances desirability.
- Turnkey Ready: With one vacant unit, you can start generating income immediately.
Don’t Miss Out
This rare opportunity won’t last long! Whether you’re an experienced investor or just starting your portfolio, this Galveston 4-plex is the perfect addition.
Contact Tim Larson with Keller Williams Houston Memorial for more details or to schedule a showing: 281-508-0800. Seller is Agent/Owner represented by Tim Larson.
Make your move today and start living or investing in the Galveston lifestyle!
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The Rich History of Galveston, Texas
Galveston, Texas, is more than just a beautiful coastal city—it’s a place steeped in history, culture, and resilience. From its origins as a bustling port to its status as a vibrant modern destination, Galveston has played a significant role in Texas and U.S. history.
The Founding of Galveston
Named after Bernardo de Gálvez, a Spanish military leader who supported the American colonies during the Revolutionary War, Galveston Island became a focal point of exploration and settlement in the early 19th century. In 1816, pirate Jean Lafitte established a colony on the island, but by 1821, he was expelled, leaving behind the foundations of what would become a thriving city.
The Republic of Texas Era
By the 1830s, Galveston was part of the newly formed Republic of Texas. The city was officially founded in 1839 and quickly became an essential port for the region. Its deep natural harbor allowed for the import and export of goods, establishing Galveston as a major commercial hub.
The Golden Era
In the late 19th century, Galveston earned the nickname "The Wall Street of the Southwest" due to its booming economy. It was Texas’ largest city and home to many "firsts" in the state:
- The first post office
- The first opera house
- The first medical college, now part of the University of Texas Medical Branch (UTMB)
- The first telephone
Architectural marvels like the Bishop’s Palace and the Grand 1894 Opera House were built during this period, showcasing the city’s wealth and cultural sophistication.
The Devastating 1900 Storm
Galveston’s trajectory changed forever on September 8, 1900, when a massive hurricane struck the island. Known as the Great Galveston Hurricane, it remains the deadliest natural disaster in U.S. history, claiming over 6,000 lives. Despite the destruction, the city’s resilience shone through.
In the aftermath, Galveston undertook monumental efforts to rebuild. The most ambitious project was raising the entire city by several feet and constructing a seawall to protect against future storms. These engineering feats helped preserve Galveston as a livable and prosperous community.
The 20th Century and Beyond
While Houston grew to surpass Galveston as Texas' economic hub, the island reinvented itself as a tourist destination. Its beaches, historic sites, and annual events, such as Mardi Gras and Dickens on The Strand, have made Galveston a popular getaway for Texans and visitors from around the world.
Significant restoration efforts have preserved the city’s historic charm. The Strand Historic District, with its Victorian-era buildings, is a testament to Galveston’s vibrant past and enduring appeal.
Galveston Today
Today, Galveston is a thriving blend of history, culture, and modern amenities. It’s home to:
- World-class attractions like Moody Gardens and the Galveston Island Historic Pleasure Pier.
- Renowned events, including the Lone Star Rally and Sand Castle Festival.
- A culinary scene that celebrates fresh seafood and local flavors.
Galveston’s rich history, combined with its welcoming atmosphere and coastal beauty, continues to attract visitors and residents alike.
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