Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $228 per day and long-term for an average of $2,450 per month, based on similar listings in the area. Estimated short-term cap rate of 4.5%. Estimated long-term cap rate of 0.1%. This beautifully updated 1920s Arts and Crafts bungalow is just minutes from downtown Raleigh, offering the perfect combination of historic charm and modern convenience. The home features the kitchen with sleek cabinetry, an induction cooktop, and plenty of storage, including a pantry—ideal for home chefs and entertainers. The luxurious master bathroom boasts a walk-in glass shower and elegant tile floors, creating a spa-like retreat. The open floor plan allows for seamless flow between the living, dining, and kitchen areas, making it perfect for gatherings. Outside, you'll find a fully fenced-in backyard, offering privacy and plenty of space for outdoor activities, plus a charming covered back porch for year-round enjoyment. With its prime location just a short drive from downtown Raleigh, you'll have easy access to shopping, dining, parks, and entertainment. This Arts and Crafts gem offers the opportunity to own a piece of history while enjoying all the comforts of modern living.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $4302 |
Bedrooms | 3 |
Bathrooms | 2 |
SQFT | 1,200 |
Furnished | N/A |
Year built | 1920 |
Listing Status | Off Market |
MLS | 10073798 |
