Description
A+ location. 200ft from Sugar Creek Light Rail Station where over $200M of development is in-process at Station House and 5-min walk to downtown NoDa! Great opportunity w/lots of upside for a homeowner, investor, rehabber or builder! Property in great condition and recently was leased for $1,400/mo. Property is now vacant and ready for move-in. Property would also make a great Airbnb given the proximity to the Sugar Creek Light Rail Station. Based on ownerships experience leasing via Airbnb on Bearwood Ave, an average rental rate of $120/nt at 70% occupancy ($2,520/mo) + cleaning fees ($60/clean) is projected. Since purchasing, ownership has improved the electrical, plumbing, all new flooring, lighting, kitchen updates, bath updates and landscaping throughout. No known issues. Selling As-Is. Please see attachments for information on how/where the property can be considerably expanded
-
3BEDS
-
0.17ACRES
-
1BATHS
-
01/2 BATHS
-
817SQFT
-
$248$/SQFT
School Information
Offered by 5 Points Realty. Copyright 2021 Canopy MLS. All rights reserved.Description
A+ location. 200ft from Sugar Creek Light Rail Station where over $200M of development is in-process at Station House and 5-min walk to downtown NoDa! Great opportunity w/lots of upside for a homeowner, investor, rehabber or builder! Property in great condition and recently was leased for $1,400/mo. Property is now vacant and ready for move-in. Property would also make a great Airbnb given the proximity to the Sugar Creek Light Rail Station. Based on ownerships experience leasing via Airbnb on Bearwood Ave, an average rental rate of $120/nt at 70% occupancy ($2,520/mo) + cleaning fees ($60/clean) is projected. Since purchasing, ownership has improved the electrical, plumbing, all new flooring, lighting, kitchen updates, bath updates and landscaping throughout. No known issues. Selling As-Is. Please see attachments for information on how/where the property can be considerably expanded
Based on information submitted to the MLS GRID as of 2021-01-27T23:58:47.4 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Odell Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.
Digital Millennium Copyright Act