Starting Price $134,997
NEW PRICE REDUCTION $60,000
A short walk from the water is a perfect investment for short-term rentals featuring 2 bedrooms and 1 bathroom in little over 938 sqft. and little over quarter of an acre of land, this gorgeous home could be a great Airbnb. With a little bit of "love," you can turn this previous home into a great tourist stay, since it's just a few minutes from the water and all of the amenities that Ocean City and Ocean Shores offer.
Rehab Estimate: $100,000
Appreciation ARV: $314,400
ROI: 30.48%
Gross Margin: 25.84%
Cash on Cash: 300.63%
Profit Analysis: $90,100
Closing date: January 4th, 2022 or sooner.
Rehab Details: * Interior and exterior paint * Flooring certain Areas * Landscape * General Update * Siding * Roof * Deck & Patio *
Property is OCCUPIED. Please do not visit without an appointment.
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