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Coldwell Banker

James C. Otton Real Estate, Inc.


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Listing Price:$879,000
Listing ID:238247
Property Type:Multi
Bedrooms:6
Bathrooms:4
Lot:13
Block:165
Lot Size:60' x 100'
Please ask for Christopher C. Collett
  Listing # 238247
 
  ccc@cbotton.com


Additional Information

Great investment opportunity! $100,000 proven annual income with potential for $130,000. Large 60x100 townhome buildable lot. This 4 unit property has earned up to $100,000 in income on Airbnb/VRBO the last 5 years (financial records available to prospective buyers), renting only 3 units. The 4th is now ready to rent and you can easily make $120,000 to $130,000. Or live in one unit and enjoy your own little slice of shore paradise, rent the other 3, and still make a profit. Recent renovation includes new flooring and paint throughout, 2 new kitchens and 3 new bathrooms. Charming, beachy furniture and decorations are included and all the units are proven, year round moneymakers. Guests love the large fenced yard and you will too! First floor front, Unit A, has two bedrooms, one bathroom, central heat and A/C. First floor rear, Unit B, has one bedroom, one bathroom, central heat and A/C, new porch. Second floor, Unit C, has two bedrooms and one bathroom. The rear detached cottage has one bedroom, one bathroom, central heat and A/C. Newer roof and siding on the main house.


Map


Features

UNIT #1 1st Floor FrontHEATING/COOLING Yes
LIVING ROOM Yes INTERIOR FEATURE
DINING ROOM/AREA Yes EXTERIOR FEATURE New Porch
KITCHEN Yes ALSO INCLUDED
FURNITURE Yes COMMENT 1 Bed/1 Bath
HEATING/COOLING Yes UNIT #3 2nd Floor
INTERIOR FEATURE LIVING ROOM Yes
EXTERIOR FEATURE DINING ROOM/AREA Yes
ALSO INCLUDED KITCHEN Yes
COMMENT 2 Bed/1 Bath FURNITURE Yes
UNIT #2 1st Floor Rear HEATING/COOLING Yes
LIVING ROOM Yes INTERIOR FEATURE
DINING ROOM/AREA Yes EXTERIOR FEATURE
KITCHEN Yes ALSO INCLUDED
FURNITURE Yes COMMENT 2 Bed/1 Bath

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