🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

Active STR/MTR Duplex with Strong Booking History 1 Mile from the Beach and Pier

811 24th St, Galveston
ROI
35.61% IRR
Strategy
Short Term Rental
Active STR/MTR duplex with strong booking history 1 mile from the beach and pier. Owner lives in one unit, other is an active vacation rental. Renovated with a brand-new roof, decks, bathrooms, kitchens, floors, paint, fixtures. Downstairs unit includes furnishings. Two story 1,966 sq ft duplex with 2 beds and 1 bath per unit. Owner lives upstairs, downstairs is an active vacation rental and includes all furnishings. Strong booking history with $3300/mo rent rates as a m2m.

Enter your email to download the proforma

< Back to Daily Deals

Active STR/MTR Duplex with Strong Booking History 1 Mile from the Beach and Pier

Listed 10/27/2023

811 24th St, Galveston

Purchase Price:$415,000

Cash Outlay:$122,050

Cashflow:$1,764/mo

Cap Rate:11.21%

IRR:35.61%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

New Braunfels 1% Rule SFR $195k

3517 Naumann Way, New Braunfels

Purchase Price:$195,000

Cash Outlay:$52,650

Cashflow:$105/mo

Cap Rate:6.47%

IRR:13.84%

Long Term Rental

Houston Single Family Rental $250k

3606 Fuller Bluff Dr, Spring

Purchase Price:$250,000

Cash Outlay:$67,500

Cashflow:$56/mo

Cap Rate:6.07%

IRR:12.06%

Long Term Rental

Victoria Quadplex w/ Heavy Cashflow $315k

1808 Wildwood St, Victoria

Purchase Price:$315,000

Cash Outlay:$85,050

Cashflow:$632/mo

Cap Rate:8.24%

IRR:22.15%

Long Term Rental

DFW Prime Location Househack Duplex $389k

716 Billie Ruth Ln, Hurst

Purchase Price:$389,000

Cash Outlay:$105,030

Cashflow:$51/mo

Cap Rate:5.65%

IRR:11.23%

Long Term Rental

Houston Single Family Rental $200k

29610 Golden Vines Ln, Spring

Purchase Price:$200,000

Cash Outlay:$54,000

Cashflow:$216/mo

Cap Rate:7.13%

IRR:16.92%

Long Term Rental

Killeen Cashflowing Quadplex $380k

1710 Windward Dr, Killeen

Purchase Price:$380,000

Cash Outlay:$102,600

Cashflow:$473/mo

Cap Rate:7.33%

IRR:17.86%