$605,000
Listing Price
$90,673
Projected Rental Income
7.11%
CAP Rate
2Galveston, TX
5 Bed I 4 Bath I Sleeps 14 I 3,468 Sq Ft.
This property offers a prime investment with projected rental income of $90,673 and a cap rate of 7.11%. Discover timeless elegance in this meticulously preserved historic Victorian beauty, perfectly situated on the East End of the island. Just blocks from the port and The Strand, and steps from iconic attractions like the Bishop’s Palace and Moody Mansion, this home offers a blend of rich history and modern comforts.
Boasting intricate architectural details, soaring ceilings, and exquisite woodwork, this residence features gracious living spaces, ornate fireplaces, and grand chandeliers. With two guest suites featuring private entrances, owners can enjoy the main house while generating income. Ample street parking and a gated back patio add to the convenience.
Investment Highlights
- 7.11% Cap Rate
- Prime location near The Strand, port, and top attractions
- Two guest suites with private entrances
- Ample street parking and gated back patio