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Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $750 per day, based on similar listings in the area. Estimated short-term cap rate of -1.5%. This property consists of two houses on a lot located in a quiet, clean, beautifully maintained neighborhood on the East Side. Each house features 2 units that each include 2 bedrooms and 2 full bathrooms, with a total of 4 units. Recently gutted to the studs and renovated in 2022, all units boast new electrical wiring, plumbing, insulation and a dedicated HVAC system with central cooling and heating. Also included for each unit are a refrigerator, dishwasher, microwave, stove, and in-unit washer/dryer that are all less than 1 year old. Additionally, the property offers convenient off-street parking for up to three vehicles with abundant street parking available. Both buildings will be fully occupied starting 6/1/23, generating $10,500/month. This is a rare opportunity to invest in a turnkey property with minimal future maintenance.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $11987 |
Bedrooms | 8 |
Bathrooms | 8 |
SQFT | 3,500 |
Furnished | unknown |
Year built | 1889 |
Listing Status | Off Market |
MLS | 1340207 |
