2 Bedrooms
1.0 Baths
920 SQ FT
0.11 Acres
Get a glimpse of opportunity knocking at the door with this outstanding investment prospect! On offer is 102 NE Railroad Ave; an income-generating gem that is sure to capture the attention of savvy investors and entrepreneurs. With a compact and cozy layout featuring 2 comfortable bedrooms and a single bathroom, this property attracts consistent bookings from Airbnb and Vrbo guests all-year-round, a testament to its enthralling hospitality potential. From solo travelers seeking adventure to families making memories, this property has proven itself capable of accommodating guests of all kinds. But the financial potential of this real estate gem doesn’t end here. The seller holds ownership of two more adjacent homes, each charming abode mirroring the comfort and convenience of the first with their 2 bedrooms and 1 bathroom arrangements. Each dwelling can also be yours for the price of $160,000. If that isn't enough to catch your eye, there is a fourth property in the portfolio awaiting a touch of love and renovation to reach its full potential. A 3-bedroom, 1.5-bathroom house, it can be an amazing addition to your investment once its refurbishment is complete. Currently, three out of four properties are bustling with earning potential through Airbnb and Vrbo, and with a dash of repair and maintenance, the fourth can join the league too. The total gross profit from Airbnb, Vrbo, and rental income has previously been a whopping $72,200, making way for an impressive annual profit exceeding $62,000. For those looking to acquire the whole portfolio, the seller is open to negotiating a comprehensive package offer of $500,000. This impressive real estate portfolio enjoys high-occupancy rates, aided by its strategic location near a bustling factory and close to coveted hunting grounds. Very scarce competition in the area means you can enjoy a near monopoly over this rental market. With the homes sold as a turn-key opportunity, you're investing in more than just properties; you're investing in financial prosperity and growth. Additional addresses can be provided upon request, and the seller is ready to share a profit-loss statement and a reservations list as proof of this portfolio's undeniable potential. Tap into the treasure that is 102 NE Railroad Ave and unlock a thriving future in the thriving world of real estate investment!
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