For Sale
3027 Avenue O 1/2, Galveston, TX 77550
Investment at a glance
Annual Revenue
$38K
Gross Yield
8.1%
Occupancy
50%
Cap Rate
4.9%
This historic home was built in 1907 & fully remodeled in 2023. Though this home is over 100 years old, it's like new due to the extreme detail used when remodeling it. Gorgeous decor, space planning, & design. Not only did these home owners address the cosmetic details, they went beyond & replaced all the plumbing & piping updating it to Pex piping. They also installed a sub pump to improve drainage & added new insulation & window units in the living room and bedroom to improve efficiency in cooling and upgraded all appliances. All new interior & exterior paint. Original hardwood floors are in immaculate condition. The natural light, white walls, and 12 ft ceilings makes this open concept home light & airy. The guests favorite feature is the floorplan is the 2 full sized living rooms on different levels that allows kids to play downstairs & adults entertain upstairs. This home is turn key & is vacation rental ready or perfect for you to call your second or permanent home.
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| 2 Bedroom | 977 | 44% | $232 | $37,235 |
| 3 Bedroom | 1127 | 37% | $353 | $47,782 |
| 4 Bedroom | 564 | 36% | $489 | $63,815 |
| 5 Bedroom | 202 | 34% | $692 | $86,560 |