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Active STR 5 Minutes from the Beach with Furnishings Included

2108 56th St, Galveston
ROI
22.77% 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 11/08/2023

2108 56th St, Galveston

Purchase Price:$312,000

Cash Outlay:$84,240

Cashflow:$721/mo

Cap Rate:9.19%

IRR:22.77%

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