Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $131 per day and long-term for an average of $1,311 per month, based on similar listings in the area. Estimated short-term cap rate of 1.5%. Estimated long-term cap rate of -3.9%. Ground-floor one-bedroom unit located in the heart of Portland, just steps away from PSU, the Cultural District, and downtown attractions. Featuring a private entrance as well as access through the main building, this property is an ideal alternative to renting or as an investment with no rental cap! The interior has been freshly painted, updated bathroom and features easy clean LVP flooring throughout. Lots of great storage in the kitchen along with full gas range and new dishwasher. Designed for convenience, the unit includes plentiful closet space, a deeded storage area (approximately 5x7 feet), and a stackable washer and ventless dryer. With high walk and bike scores, this home is perfect for embracing urban living.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $672 |
Rental Policy | daily |
Yearly Taxes | $3138 |
Bedrooms | 1 |
Bathrooms | 1 |
SQFT | 580 |
Furnished | N/A |
Year built | 1951 |
Listing Status | Off Market |
MLS | 486050212 |
