Off-Market Condo at 5841 Morrowfield Ave, Pittsburgh, PA 15217

5841 Morrowfield Ave, Pittsburgh, PA 15217

Unit - #108

$190,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $74 per day and long-term for an average of $1,008 per month, based on similar listings in the area. Estimated short-term cap rate of 0.5%. Estimated long-term cap rate of -2.9%. Welcome to Unit #108 at Hillrise Towers! This meticulously maintained one-bedroom condo perfectly combines comfort and convenience. The beautifully updated kitchen is equipped with all the essential appliances for easy living. The open-concept living and dining areas create a spacious, airy feel, and the closet space throughout is exceptional. The large bedroom, which comfortably fits a king-sized bed, offers a serene retreat. Enjoy the added convenience of the laundry room just across the hall. Step outside onto your private balcony, an ideal spot for a cozy sitting area to relax and enjoy the seasons ahead. Plus, there’s plenty of street parking available right in front of the building. Don’t miss your chance to make this charming condo your new home!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$274
Rental Policy
daily
Yearly Taxes
$2268
Bedrooms
1
Bathrooms
1
SQFT
932
Furnished
N/A
Year built
1975
Listing Status
Off Market
MLS
1692757

Short-term Rental Potential
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$18,720

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$203

Price/SQFT

Long-term Rental Potential
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$12,096

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,008/mo

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