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$365,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
1 |
1.0 |
570 |
$722 |
2021 |
On the market:
40 days
|
View full details, 15 photos, school info, and price history
Just hitting the market as individual or multiple purchase up to all 5 units. Broker incentive increases for multiple purchases with single Buyer. $365,000, 2nd floor; hall and balcony entrances; 570sq ft.; Corporate Rental at $3100/month since current owners have had control January-March; terms month-to-month. There are a total of 10 units in the condominium association. All are ready for rental or Air B&B. Cap rates on the unit are roughly 7% based on the following assumptions: Airbnb @ 65% monthly occupancy with 6.5% occupancy tax; $300/month cleaning costs; $370/month COA; $1200 annual property tax
Listing courtesy of Edward Diaz, ARBOR REALTY, INC.