306 Minturn Rd - Swan's Island Property-HUGE AirBnB potential
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306 Minturn Rd - Swan's Island Property-HUGE AirBnB potential
1,750 SF Speciality Building Offered at £154,534 at a 10% Net Initial Yield in Swans Island, ME 04685
Investment Highlights
- Island, near swimming, harbor, beaches, ferry
Executive Summary
Fantastic year round home or profitable AirBnB rental! With its prime location and turn-key condition, this property offers exceptional AirBnB rental potential, promising strong returns and consistent guest demand year-round. A charming 2-Bedroom, 1.5-Bath Ranch Home on Swans Island with 1.15 acres and 270-degree views!!! Priced well below market value by motivated sellers ready to move off island due to a lifestyle change. Their need is your deal. In 2024, the home underwent multiple updates, including new electrical and plumbing systems, modern lighting fixtures, a stylish ensuite half-bathroom (plumbed for tub/shower to make into a full ensuite), and a complete kitchen remodel. Additionally, a new heat pump and heat pump hot water heater have been installed for enhanced energy efficiency and comfort, plus more! Too many to list, so call for complete list of 2024 updates. Metal roof installed in ~2019. Also has Sun porch and detached shed. Swans Island offers a tranquil lifestyle with stunning natural beauty, including scenic coastal views, pristine beaches, and lush forests. The island is ideal for outdoor enthusiasts, offering activities such as hiking, boating, and bird watching. The close-knit community and slower pace of life make it a perfect place to unwind and enjoy nature's splendor. Don't miss this opportunity to own a newly updated home on Swans Island. Contact us today to schedule a viewing! Furniture will convey with a full-price offer.
Property Facts
| Price | £154,534 | Lot Size | 1.15 AC |
| Price Per SF | £88 | Building Size | 1,750 SF |
| Sale Type | Investment or Owner User | Number of Floors | 1 |
| Net Initial Yield | 10% | Year Built/Renovated | 1946/2024 |
| Property Type | Speciality | Parking Ratio | 2.29/1,000 SF |
| Property Subtype | Residential Income | Corridor | Exterior |
| Building Class | C |
| Price | £154,534 |
| Price Per SF | £88 |
| Sale Type | Investment or Owner User |
| Net Initial Yield | 10% |
| Property Type | Speciality |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 1.15 AC |
| Building Size | 1,750 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1946/2024 |
| Parking Ratio | 2.29/1,000 SF |
| Corridor | Exterior |
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306 Minturn Rd - Swan's Island Property-HUGE AirBnB potential
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