Off-Market Property at 4643 Garfield Ave, Minneapolis, MN 55419

4643 Garfield Ave, Minneapolis, MN 55419

$435,000

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 $1,589 per month, based on similar listings in the area. Estimated short-term cap rate of 2.3%. Estimated long-term cap rate of -3.2%. Adorable Updated Quintessential Craftsman Bungalow! Picture Perfect. 2 Beds on Main with Full Bath. Gorgeous New Kitchen, darling New Bath. Gorgeous Hardwood Floors. Extensive Original woodwork built-ins and charming fireplace. Cozy sunroom and Cheerful 3-season porch, overlooking fully fenced back yard. Located in the heart of S. Mpls close to 46th Patisserie, Tap Society, Guse Hardware, George and the Dragon, Patina and So much more! 8 Blocks to Lake Harriet. With newer mechanicals, brand new roof and drain-tile, this home is ready to go.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$5390
Bedrooms
2
Bathrooms
1
SQFT
1,141
Furnished
N/A
Year built
1922
Listing Status
Off Market
MLS
6673831

Short-term Rental Potential
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$42,960

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$381

Price/SQFT

Long-term Rental Potential
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$19,068

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,589/mo

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