Description
Turnkey Galveston STR Investment: 3 Units, Big Tax Advantages! 4-Unit Income Property — 8 Bedrooms / 4 Bathrooms Total Across Four Separate Units (each unit 2BR/1BA) This fully furnished, STR-eligible property is a passive investor's dream, offering a hands-off approach to real estate with significant tax advantages. Located in Galveston's thriving East End, this listing is ready for immediate rental income. It features three distinct units—a duplex and two charming bungalows—each uniquely designed for short or long-term residents. With 2,800 total square feet on a 5,136-square-foot corner lot, and just blocks from the beach, this is an exceptional portfolio expansion opportunity. Price adjusted to $699k to align with current investment lending standards. At this price, the property offers a strong 1.17 DSCR with 25% down, and hits the 'Golden 1.25' ratio with just over 30% down. Turn-key STR ready for the 2026 season. Ready to add a triple-unit gem to your portfolio?
-
8BEDS
-
N/AACRES
-
4BATHS
-
01/2 BATHS
-
2,800SQFT
-
$232$/SQFT
School Information
Description
Turnkey Galveston STR Investment: 3 Units, Big Tax Advantages! 4-Unit Income Property — 8 Bedrooms / 4 Bathrooms Total Across Four Separate Units (each unit 2BR/1BA) This fully furnished, STR-eligible property is a passive investor's dream, offering a hands-off approach to real estate with significant tax advantages. Located in Galveston's thriving East End, this listing is ready for immediate rental income. It features three distinct units—a duplex and two charming bungalows—each uniquely designed for short or long-term residents. With 2,800 total square feet on a 5,136-square-foot corner lot, and just blocks from the beach, this is an exceptional portfolio expansion opportunity. Price adjusted to $699k to align with current investment lending standards. At this price, the property offers a strong 1.17 DSCR with 25% down, and hits the 'Golden 1.25' ratio with just over 30% down. Turn-key STR ready for the 2026 season. Ready to add a triple-unit gem to your portfolio?