List Price: $319K

Listing Status: Active

Days on Market: 7

2 Bedrooms · 2 Bathrooms · 1,000 sq ft

Property Type: Residential

Year Built: 1972

Lot Size: 231,739 sq ft

Garage Spaces: 1

Private Pool: Yes

MLS Number: MP26077218

About This Property

SHORT-TERM RENTAL DEVELOPMENT OPPORTUNITY | MULTI-UNIT POTENTIAL Value-add investment opportunity with 3 existing units and additional development potential (buyer to verify grandfathering and expansion options). Property is prepped for development with improvements already completed: • Graded lot • Tree removal completed • Utilities in place (septic, well, electricity) Ideal for building a high-performing short-term rental, with projected gross revenue potential of ~$80K+ annually upon stabilization (based on market comps). Investment Highlights: • Multiple income streams (3-unit configuration) • STR-friendly setup with strong revenue upside • Significant tax advantages through depreciation and cost segregation strategies • Value-add through new construction and site optimization Partnership Opportunity Available: Seller open to 50% equity partnership (~$160K buy-in + development costs) for qualified investors seeking an active STR project. Perfect for investors looking to offset W-2 Income and own stable assets. Call for more detailed information.

Property Photos