515 W 11th St
Property Description
Turnkey Income-Producing Short-Term Rental | Proven Cash Flow. This fully operational short-term rental is a strong investment opportunity generating consistent income through Airbnb, VRBO, and mid-term rental strategies. The property currently produces cash flow with the ability to increase revenue through optimized pricing, seasonal demand, and continued short-term rental use. Income is supported by a mix of short-term guests, traveling professionals, and repeat referrals. Located in a high-demand area near hospitals, downtown, and major employers, this property attracts traveling nurses, contractors, and extended-stay tenants, helping maintain steady occupancy throughout the year. This is a true turnkey opportunity. The property is being sold fully furnished, with all furniture, appliances, washer and dryer units, and household items included. Every detail has already been set up for short-term rental success, allowing a new owner to step in and begin operating immediately without additional setup or upfront costs. Major capital improvements include a brand new roof with new plywood decking, along with new gutters and downspouts, providing long-term durability and minimizing future maintenance concerns. Additional updates include HVAC, plumbing, and electrical improvements within the past year, making this a low-risk, stabilized asset. With systems in place and furnishings included, this property offers a seamless transition for investors .
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $489,900 |
| No. of Units: | 4 |
| Year Built: | 1900 |
| Lot Size: | 1,944.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $122,475 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-PARCO-242637
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout