Off-Market Property at 36 Milford St, Buffalo, NY 14220

36 Milford St, Buffalo, NY 14220

$70,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $109 per day and long-term for an average of $1,290 per month, based on similar listings in the area. Estimated short-term cap rate of 18.6%. Estimated long-term cap rate of 13.4%. Welcome home to this wonderful opportunity for the 2br cozy home! Updates include tear off architectural roof, some newer windows, newer furnace, and glass block windows in basement, nice sized living room, formal dining room and kitchen make up first floor w/both bedrooms and full bath upstairs. Please note cash only sale due to basement concerns (approx 40-50k Reno) and unfinished kitchen (comes with new cabinets), some unfinished drywall as well. Great opportunity!! All offers due January 9th by 5pm.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1622
Bedrooms
2
Bathrooms
1
SQFT
1,158
Furnished
N/A
Year built
1905
Listing Status
Off Market
MLS
B1581272

Short-term Rental Potential
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$19,104

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$60

Price/SQFT

Long-term Rental Potential
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$15,480

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,290/mo

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