Off-Market Condo at 4430 W Lake Harriet Pkwy, Minneapolis, MN 55410

4430 W Lake Harriet Pkwy, Minneapolis, MN 55410

Unit - #304

$290,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $150 per day and long-term for an average of $1,348 per month, based on similar listings in the area. Estimated short-term cap rate of 3.9%. Estimated long-term cap rate of -3.7%. Lake View Modern Linden Hills Remodeled Condo on Lake Harriet with Heated Garage stall and Washer/Dryer in Unit plus additional community laundry for larger loads. Heat,Gas,Water,Trash,Lawn/Snow care Included. Open Floorplan with Stainless Appliances,Hardwood Floors,Storage Locker,Shared Deck,Elevator,Bike Rack,Near Shops,Restaurants,Lake Harriet Bandstand,Tennis Courts,Parks,Trolly,Bus

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$424
Rental Policy
daily
Yearly Taxes
$3216
Bedrooms
1
Bathrooms
1
SQFT
644
Furnished
N/A
Year built
1958
Listing Status
Off Market
MLS
6681918

Short-term Rental Potential
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$38,208

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$450

Price/SQFT

Long-term Rental Potential
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$16,176

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,348/mo

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