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Turnkey Historic Beach Bungalow Duplex with Active Airbnb Unit

3228 Avenue P, Galveston
ROI
25.11% IRR
Strategy
Short Term Rental
Turnkey historic beach bungalow duplex with active airbnb unit. One 1bd and one 2bd unit just a few blocks from the beach, pier, and "The Spot" Updated duplex with one 2 bed, 2 bath unit occupied by seller and one 1 bed, 1.5 bath unit currently being used as a STR, most furnishings convey. Built in 1893.

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Turnkey Historic Beach Bungalow Duplex with Active Airbnb Unit

Listed 09/11/2023

3228 Avenue P, Galveston

Purchase Price:$519,000

Cash Outlay:$150,130

Cashflow:$1,787/mo

Cap Rate:10.03%

IRR:25.11%

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