Property is well situated in Galveston within a few minutes walking distance to the beach. Currently the property is used as the owner’s vacation home. Potentially best uses would be AirBnb or Student Housing. Per the Seller, the property is not restricted so can be used as commercial use.
Property is currently set up as a duplex. Owner has fully renovated the property. All FF&E is part of the sale. Floor Unit has 2 Bedrooms and 1 Bathroom. Upper Unit has 3 Bedrooms and 2 Bathrooms with attic space with built in beds. There is also a roof top deck with water views and entire view of the island.
Estimated Potential Income Base as Vacation Rental (Numbers obtained by a Vacation Agent per Seller) During Peak Season: $1200 Per Week for the Floor Unit and $1800 Per week for the Second Floor Unit.
In the back of the duplex, there is a two-car garage. Per the seller, it is structurally sound to build above the garage for additional units.
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Listing information last updated on June 3rd, 2020 at 10:40pm CDT.