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Renovated and Furnished Duplex in Galveston with $60k/yr STR Potential

3616 Avenue M ½, Galveston
ROI
32.78% IRR
Strategy
Short Term Rental
Renovated and furnished duplex in Galveston with $60k/yr STR potential. 2 bed/1 bath on lower floor and 1 bed/1 bath on second floor. Less than a mile to the beach.

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Renovated and Furnished Duplex in Galveston with $60k/yr STR Potential

Listed 02/07/2024

3616 Avenue M ½, Galveston

Purchase Price:$325,000

Cash Outlay:$87,750

Cashflow:$1,075/mo

Cap Rate:9.76%

IRR:32.78%

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