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Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $211 per day and long-term for an average of $2,461 per month, based on similar listings in the area. Estimated short-term cap rate of 0.1%. Estimated long-term cap rate of -2.1%. This super charming ranch home blends original Raleigh character with modern updates, offering a rare opportunity to own in one of the city's most sought-after location. Move-in ready and thoughtfully updated, this home allows you to enjoy the best of both worlds—timeless charm with no heavy lifting required. Located just minutes from local coffee shops, top-rated restaurants, and the vibrant shopping areas of Village District and North Hills, you'll have everything you need within easy reach. The home features 3 bedrooms, 2 baths, and two separate living areas, perfect for both everyday living and entertaining. A large, flat, fenced-in backyard on a .18-acre lot provides plenty of space for outdoor fun and relaxation. Recent updates include a fully renovated kitchen with new cabinets, countertops, appliances, and fixtures, along with a new electrical panel and wiring throughout the home. The roof was replaced in December 2023, so you can enjoy peace of mind for years to come. Additionally, the expansive storage space in the basement offers ample room for all your organizational needs. This home offers a rare combination of original Raleigh charm with modern updates, making it the perfect choice for those who want to move right in or add their personal touch. Don't miss the chance to own this delightful home in an unbeatable location!
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $3532 |
Bedrooms | 3 |
Bathrooms | 2 |
SQFT | 1,355 |
Furnished | N/A |
Year built | 1949 |
Listing Status | Active |
MLS | 10077978 |