Galveston County, Kemah, TX 77565

KEMAH, TX | 3-PROPERTY MULTIFAMILY & MIXED-USE PORTFOLIO | CASH-FLOW OPPORTUNITY 701 & 703 7th St + 609 Kipp Ave, Kemah, TX 77565 Asking Price: $850,000 — Slightly Negotiable3 Properties | 6 Identified Units + 609 Kipp AveReported Rental Income: $10,900/Month | $130,800/Year (701 & 703 Only)Projected NOI: $78,809/Year (701 & 703 Only)Closing: Details Available Upon Request Excellent multifamily investment opportunity in Kemah, Texas! This three-property portfolio combines residential rental units, commercial space, and an additional investment property, offering investors multiple income sources within one acquisition. PORTFOLIO BREAKDOWN 701 7th Street — Residential Quadplex4 Residential Units2BR / 1BA LayoutsReported Rental Income: $7,550/MonthExisting Lease DocumentationRoof Reportedly ~5 Years OldWindow A/C Systems 703 7th Street — Mixed-Use Duplex2 Units — Commercial & Residential/Mixed-UseExisting Tattoo Shop TenantReported Rental Income: $3,350/MonthCommercial Lease DocumentationRoof Reportedly ~11 Years OldWindow A/C Systems 609 Kipp Avenue — Additional Investment PropertyAdditional Property Included in Proposed PortfolioLease Documentation AvailableProperty Photos AvailableRoof Reportedly ~11 Years OldAdditional Income & Property Details Subject to Verification INVESTOR TERMS Asking: $850,000 — Slightly NegotiablePortfolio: 701 & 703 7th St + 609 Kipp AveIdentified Units: 6 at 701 & 703, plus 609 Kipp AveReported Gross Income: $130,800/Year (701 & 703)Projected NOI: $78,809/Year (701 & 703)Closing: Details Available Upon RequestDue Diligence: Lease Materials, Property Information & Supporting Documents Available SUBMIT YOUR HIGHEST & BEST OFFER!