Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $184 per day and long-term for an average of $2,378 per month, based on similar listings in the area. Estimated short-term cap rate of 8.4%. Estimated long-term cap rate of 1.3%. Located in downtown Evanston, the unit is on the resale market for the first time. Well-designed small one bedroom unit (living room/kitchen/dining combo) with courtyard views has just had many items upgraded, including beautiful new floors throughout, new upgraded kitchen cabinets with designer cabinetry, new kitchen appliances, kitchen sink, faucet and quartz countertop and more. The bathroom has a new vanity and faucet. The unit has been painted and is ready for the lucky new buyer to move right in. The unit comes with in unit laundry, gas furnace (gas included in the assessment) and flexible floorplan. Enjoy having a heated garage space and access to an exercise room. Located close to all the downtown amenities, including transportation, movie theaters and great restaurants, makes it easy to leave the car at home.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $402 |
Rental Policy | daily |
Yearly Taxes | $3630 |
Bedrooms | 1 |
Bathrooms | 1 |
SQFT | 614 |
Furnished | N/A |
Year built | 2006 |
Listing Status | Off Market |
MLS | 12318126 |
