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Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $148 per day and long-term for an average of $1,841 per month, based on similar listings in the area. Estimated short-term cap rate of 2.3%. Estimated long-term cap rate of -0.2%. Unlock the potential of 1103 E Lane Street, located in the heart of Raleigh, NC! This property is being sold as-is and presents an excellent opportunity for investors or those with a creative vision to bring their ideas to life. Conveniently situated close to downtown Raleigh, you'll enjoy easy access to vibrant shops, restaurants, entertainment, and major city attractions. With its prime location and endless possibilities, this property is ideal for those looking to renovate or build equity in a sought-after area. Don't miss your chance to own a piece of Raleigh's thriving real estate market. Schedule your showing today!
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $2829 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 1,032 |
Furnished | N/A |
Year built | 1930 |
Listing Status | Off Market |
MLS | 10070609 |