Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Just hitting the market as individual or multiple purchase up to all 5 units. Broker incentive increases for multiple purchases with single Buyer. $391, 000, 2nd floor; hall and balcony entrances; 600sq ft. Airbnb / short term rental grossing ~$3000/month since current owners have had control January-March. 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
yesterday | Listing updated with changes from the MLS® | |
a month ago | Listing first seen online |
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