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Active STR 5 Minutes from the Beach with Furnishings Included

2108 56th St, Galveston

ROI

24.11% IRR

Strategy

Short Term Rental

Active STR 5 minutes from the beach with furnishings included. Two 1 bed, 1 bath units can rent for $2400/mo long-term or $4k+ as a short-term rental. 2,232 sq ft two story duplex built in 1998 on a cul-de-sac. Each side has 2 beds, 1.5 baths, fenced in backyard, and a 1 car garage with off-street parking.

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Active STR 5 Minutes from the Beach with Furnishings Included

Listed 12/19/2023

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2108 56th St, Galveston

Purchase Price:$310,000

Cash Outlay:$83,700

Cashflow:$841/mo

Cap Rate:9.06%

IRR:24.11%

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