1113 28th Street

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kphilipp

Turnkey Galveston STR Investment: 3 Units, Big Tax Advantages! 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?

Property Information

Property Details

Location

Address

1113 28th Street

County

Galveston

City

Galveston

Zip Code

77550

Subdivision

Galveston Townsite

School District

22 - Galveston

High School

BALL HIGH SCHOOL

Elementary School

GISD OPEN ENROLL

MLS Area

Interior Features

Beds and Baths

Bedrooms

Full Bathrooms

Building

Building Information

Square Feet

2,800

Year Built

1952

Stories

Roof

Composition

Property Taxes

Tax Annual Amount

$5,612

Tax Year

2023

1113 28th Street, Galveston, TX 77550

Market Report for 77550