516 Holiday Dr, Galveston, TX 77550

$2,500,000
3
BD
2
BA
12,686
SqFt

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List Price
$2,500,000
Status
ACTIVE
MLS#
74484509
Days on Market
78
Year Built
1969
Bedrooms
3
Bathrooms
2
Full-baths
2
Living Area
12,686
Lot Size
10,440
Lot Size Source
Appraiser
Subdivision
Galveston Townsite
Region
33
Market Area
East End
County
Galveston

Property Description

Rare 20-unit multifamily opportunity in Galveston! 516 Holiday Dr features a desirable mix of one 3-bedroom unit, three 2-bedroom units, and sixteen 1-bedroom apartments, offering flexibility for a wide range of tenant needs. This asset provides immediate scale, multiple income streams, and long-term upside in one of the Texas Gulf Coast’s most recognizable rental markets. Conveniently located near Galveston’s beaches, employment centers, dining, shopping, entertainment, and major thoroughfares, the property is well-positioned for continued rental demand. Ideal for investors looking to expand their portfolio with a substantial multifamily asset in a high-demand coastal community. Buyer to independently verify all information, including unit count, rents, expenses, condition, zoning, and permitted uses.

Additional Information

Taxes
$33,892
Neighborhood
East End
Heating
Central, Electric
Cooling
Central Air, Electric
Stories
2
Utilities
Electricity Available, Water Available
Roof
Other
School District
Galveston
Elementary School
Gisd Open Enroll
Middle School
Gisd Open Enroll
High School
Ball High School

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Calculator source: Real Geeks

Listing courtesy of Triumph Realty.