Description
Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $244 per day and long-term for an average of $5,075 per month, based on similar listings in the area. Estimated short-term cap rate of -2.5%. Estimated long-term cap rate of 1.9%. Great income producing property with $5,500 per month or $66,600 annually in current rents. Unit #1 (3/1) is rented annually for $2000 per month, and has new: bathroom, flooring, and AC. Unit #2 (2/1) is leased for $1800 month to month and has new: bathrooms, kitchen and appliances. Unit #3 (2/1) has a new bathroom, AC and water heater, this unit is rented for $1750 per month annually. Tenants pay power and water is split between tenants (40/30/30) and lawn-care. Roof replaced in 2006. DO NOT DISTURB TENANTS.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $6956 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 1,914 |
Furnished | unknown |
Year built | 1967 |
Listing Status | Off Market |
MLS | A11494797 |
