PRICE REDUCTION!!! So many possibiities! Conversion and Expansion Potential! This property is the ideal investment opportunity functioning as an upscale B&B, vacation home for a large family or guesthouse. The land is large enough to build additional apartments along with other amenities such as a swimming pool, sun deck and gazebo. A comparative analysis of existing properties indicates that the existing ten units could be rented for a minimum of $200 (depending on the size) /night or $480,000/year (based on an average five- night occupancy rate). The site is a designated R-3 zone which allows for Residential-Medium Density usage.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
