Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $281 per day and long-term for an average of $2,904 per month, based on similar listings in the area. Estimated short-term cap rate of 4.7%. Estimated long-term cap rate of 0.1%. MILK DISTRICT INCOME PRODUCING PROPERTY: This charming single-family home offers a unique addition - an in-law suite designed to accommodate multi-generational living or provide additional rental income, both units have BRAND NEW AC UNITS. The front of the home features a spacious and renovated private 1-bed 1-bath suite, complete with a separate entrance and private back patio. The back of the home, you will discover a 2-bedroom, 1-bathroom unit with its own entrance. This well-appointed space provides ample living area with a beautiful kitchenette and fully renovated bathroom and laundry room. New Paint, New AC, Newly renovated! Income for this property is over $3600 per month long term and higher for short term. Seller is offering a buyer credit to use towards an interest rate buy down.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $3976 |
Bedrooms | 4 |
Bathrooms | 2 |
SQFT | 1,722 |
Furnished | unknown |
Year built | 1970 |
Listing Status | Off Market |
MLS | O6154023 |