$439,000

This income producing property is known as the Blue Lagoon on Bernardo de Galvez! Close to the beach and Pleasure Pier. Bottom unit is a spacious 2-bedroom, 1.5-bath home that is an active short-term rental. It has been completely renovated, including updates to the central hvac, electrical panels, plumbing, paint, tile flooring, appliances, and fixtures. Furnishings are included in the turn-key unit. Kitchen features a gas range, stainless steel fridge, microwave, and built-in wood shelves. Custom backsplash. Indoor utility room. The second bedroom is currently being used as a bunk room. Upper unit is a 2-bedroom, 1-bath home with long-term lease in place until January 1, 2024. The Blue Lagoon offers a great opportunity to enjoy the island life in Galveston, with one unit generating income from short-term rentals and the other unit providing stable long-term tenancy. Showings around airbnb calendar.