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Renovated Duplex Next to UTMB Less Than a Mile from the Beach

412 14th St, Galveston
ROI
26.26% IRR
Strategy
Short Term Rental
Renovated duplex next to UTMB less than a mile from the beach. Upstairs unit is currently an STR, downstairs is vacant. Both have 2 beds, 1 bath. 1,584 sq ft duplex built in 1955 with 2 beds, 1 bath per unit. Downstairs is vacant, upstairs is an active STR.

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Renovated Duplex Next to UTMB Less Than a Mile from the Beach

Listed 10/16/2023

412 14th St, Galveston

Purchase Price:$349,000

Cash Outlay:$104,230

Cashflow:$1,397/mo

Cap Rate:10.88%

IRR:26.26%

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