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68610 Nightingale Road, Cathedral City, California

$749,0005 Beds4 BathsActive

68610 Nightingale Road, Cathedral City, California 92234
Nerses Ananyan~01320968~Titus Realty, Inc. - MLS® ID: SR18026593

Property Details

68610 Nightingale Road, Cathedral City, California 92234 - Totally renovated in 2017, this is a unique opportunity for an investor looking for an exceptional yield. Main house has 4 Br and 3 Baths. The large loft style guesthouse has a huge shower and whirlpool tub. The guest house has a room next to it, that is currently an indoor bar, which can easily be converted into sixth bedroom. This property is a successful AIRBNB short term rental. Only 4 months in the market. With 2018 total bookings of $88,500 and with 5 months still open at $10,000 in average earnings estimate. With anticipated earnings of $130,000 and up for this year. The future owner can still capture $60,000 in future bookings and the potential to raise the prices and generate more bookings by marketing the house through multitude of other short-term rental portals easily bringing in $150,000 or more per year. On the other hand the Buyer may cancel all the future bookings and use the property as a principal residence. The buyer to cooperate with the transfer of bookings and honor the terms of those bookings. Please do not go or drive to the property without appointment. No appointments on weekends, since they are booked all the way till June. Weekday appointments only if the property is not booked. The owner has bought another property and is motivated to review all reasonable offers.

Amenities

  • Zip92234
  • CountyRiverside
  • SQFT2934
  • Bedrooms5
  • Full baths4
  • StatusActive
  • Purchase TypeActive
  • Property typeSingle Family
  • Zoning typeR1
  • School districtPalm Springs Unified
  • Year built1965
  • Lot size9583.00
  • HeatingCentral Furnace
  • CoolingCENTRAL
  • ParkingGarage - Front Entry
  • Office IDF8673001
  • Agent IDF207013796
  • Agent nameNerses Ananyan
  • MLS® IDSR18026593

Broker: Nerses Ananyan~01320968~Titus Realty, Inc.

Listing Courtesy of Nerses Ananyan~01320968~Titus Realty, Inc.

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“Everyone was so great! They answered all my questions and provided me with ample information. I look forward to working with them again soon when I'm ready to buy.”

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