Off-Market Property at 105 Windmill St, Providence, RI, 02904
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105 Windmill St, Providence, RI, 02904

$340,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $190 per day and long-term for an average of $2,471 per month, based on similar listings in the area. Estimated short-term cap rate of 0.6%. Estimated long-term cap rate of 0.8%. ****Attention Contractors, Investors, and Flippers!!! Needs rehab. Solidly built in the 50's with a beautiful Granite front (needs repointing). Bring it back to its heyday with your rehab skills! Some of the desirable features of the 50's remain. Arched doorways, oversized kitchen pantry and wood door mouldings. Possible hardwoods under carpets. 16 x 24 out building in yard currently used as sunroom. Sold "AS IS" Cash Sale**** Must be able to close quickly.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$5237
Bedrooms
3
Bathrooms
1
SQFT
1,416
Furnished
unknown
Year built
1950
Listing Status
Off Market
MLS
1345353

Short-term Rental Potential
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$28,992

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$240

Price/SQFT

Long-term Rental Potential
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$29,652

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,471/mo

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