Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $518 per day and long-term for an average of $4,400 per month, based on similar listings in the area. Estimated short-term cap rate of 11.4%. Estimated long-term cap rate of 0.9%. Situated just 0.7 miles away from the shoreline, this charming Old Spanish-style duplex, boasting mixed-use zoning, beckons in the heart of downtown Lake Worth. With two distinct units, it stands as a versatile investment opportunity. Fully furnished and primed for short-term rentals, it offers immediate revenue potential. Alternatively, you can choose to reside in one unit while leasing out the other, creating a steady stream of passive income. Embrace the tranquil ambiance of the expansive fenced-in yard, evoking an oasis-like retreat at home.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $6668 |
Bedrooms | 5 |
Bathrooms | 2 |
SQFT | 2,072 |
Furnished | unknown |
Year built | 1926 |
Listing Status | Off Market |
MLS | RX-10972916 |
