Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $187 per day and long-term for an average of $2,772 per month, based on similar listings in the area. Estimated short-term cap rate of 6.4%. Estimated long-term cap rate of 0.9%. Bright and spacious 1-bedroom, 1-bath, 900 sf garden apartment located in the highly sought-after Old Town Triangle/East Lincoln Park neighborhood. Key features include: Modern Kitchen: Enjoy a new kitchen outfitted with custom cabinetry, stainless steel appliances, granite counters, and a mosaic tile backsplash. Open-Concept Living: The kitchen seamlessly flows into the living room, boasting new hardwood floors, exposed brick, and two charming fireplaces. Comfortable Bedroom & Bath: The large bedroom offers a generous walk-in closet, while the tastefully updated bath complements the home's modern feel. Outdoor & Convenience: A large patio provides outdoor relaxation, and shared laundry facilities are conveniently located just outside your door. Prime Location: Steps away from shopping, dining, nightlife, and public transportation, making it ideal for first-time homebuyers, investors, or Airbnb opportunities. This attractive property delivers style, comfort, and convenience at a great price!
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $245 |
Rental Policy | daily |
Yearly Taxes | $6329 |
Bedrooms | 1 |
Bathrooms | 1 |
SQFT | 900 |
Furnished | N/A |
Year built | 1904 |
Listing Status | Off Market |
MLS | 12277187 |
