$499,000
Under contractAbout this home
CASH COW | TURNKEY SHORT-TERM RENTAL BUSINESS | 5+ YEAR RENTAL HISTORY | SELLER FINANCING AVAILABLE Multifamily property with multiple purchase options. Purchase the property as a traditional multifamily investment or owner-occupant property, or purchase the property along with the established short-term rental business. The short-term rental business is being offered as an established, turnkey operation with a 5+ year rental history, existing furnishings, bookings, and operating history. The short-term rental operation has averaged $78,200 in gross annual revenue, with more than $10,000 in Q4 bookings already scheduled. Current owners are also willing to continue managing the short-term rental operation for the new owner. Contact the listing agent for additional details regarding the business sale and management options. Recent improvements and features include roof (2011), windows and siding (2016), electrical panel (2016), heated soundproof garage (2016), furnaces (2017), central air (2017), plumbing (2017), driveway (2022), all-new drywall, 15 feet of granite countertops, outdoor refrigerator, keg fridge, grill, snowblower, private backyard oasis custom 14' x 15' rough-sawn cedar pergola with metal roofing, cedar privacy fence, and a 36-inch, 100,000 BTU fire ring built over a concrete foundation with a dedicated hose connection and built-in tank storage. A waterfall feature and thoughtfully designed outdoor entertaining space complete this turnkey property, making it ready to enjoy or operate from day one. Seller financing available. The seller is willing to finance up to $200,000 for a qualified buyer. Contact the listing agent for additional terms. Verified short-term rental earnings documentation is available to qualified buyers. Buyer to independently verify income, expenses, licensing, zoning, short-term rental requirements, permits, and business transfer details. Open house : Oct 7th 4pm-7pm
Property details
- MLS
- NOWDD
- MLS #
- 5247586
- Property type
- Duplex
- Subdivision
- N C Cotabishs Bunts Madison P
- Status
- Under contract
- Days on market
- 19
- On market date
- September 23, 2026
- Stories
- N/A
- Total bathrooms
- 2.5
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- 0.1332 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 221
- Student:teacher ratio
- 17.0:1
- District
- Lakewood City
- Enrollment
- 464
- Student:teacher ratio
- 15.0:1
- District
- Lakewood City
- Enrollment
- 1,364
- Student:teacher ratio
- 14.8:1
- District
- Lakewood City
Walkability
Blended score for Lakewood's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
Market position
How this listing compares to current activity in Lakewood, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 12 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.