Description
Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $102 per day, based on similar listings in the area. Estimated short-term cap rate of -6.0%. This triplex is a fantastic investment opportunity. Not only do you have the +7000 square feet of space, there's almost a half acre to add more units in the back. The units average 2500 square feet with updates like tile flooring, REFRIGERATED air, laundry in each unit. Unit A is 3 bedroom 2 bath; Unit B is 2 bedroom 2 bath; Unit C is 4 bedroom + Flex, 2 bathroom. Units B & C have balconies and jacuzzis. Built by a contractor for his family originally, the roof is metal Standing Seam Roof for long lasting durability and many other high quality upgrades. There is a water well on the property. Sitting on almost a half an acre, there's plenty of space in the backyard for apartments to be added. Rents could be higher - Average rent in the area for 2200 square feet is $1700. All units occupied. In-person showings allowed by appointment, but TOUR ANYTIME with the virtual tour.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $14774 |
Bedrooms | 3 |
Bathrooms | 2 |
SQFT | 7,404 |
Furnished | unknown |
Year built | 1997 |
Listing Status | Off Market |
MLS | 885075 |
