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STR Triplex 2 Blocks from the Beach and Under a Mile to the Galveston Pier

3522 Avenue S, Galveston
ROI
22.36% IRR
Strategy
Short Term Rental
STR triplex 2 blocks from the beach and under a mile to the Galveston Pier. 1 and 2 bed economical stays in a convenient, walkable location. 2787 sq ft triplex built in 1968. (1) 2 bed, 1 bath unit and (2) 1 bed, 1 bath units. Alley access with 2 car garage. Central HVAC in front 2/1, 1 beds have window units.

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STR Triplex 2 Blocks from the Beach and Under a Mile to the Galveston Pier

Listed 08/15/2023

3522 Avenue S, Galveston

Purchase Price:$480,000

Cash Outlay:$159,600

Cashflow:$1,680/mo

Cap Rate:9.41%

IRR:22.36%

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