2816 Blair Blvd

I have an amazing historic mansion in the heart of midtown. This home would be great for an investor or a large family. The main home consists of six bedrooms, ALL with en suite bathrooms! The additional 2 bedrooms with en-suite bathrooms as well can be accessed via the master bedroom or from a separate entrance on the left side of the home. This apartment has a small kitchenette that would be perfect as an in-law suite. The property has a unique zoning allowing it to short term rented without a STR permit because it was zoned to be a bed and breakfast in 1999. I’ve been operating as a short term rental for the past 2.5 years and have done very well. 2024 NET income after taxes, management, maintenance, utilities etc was ~$230,000. 2025 numbers will be very similar. At the list price of $2,975,000 you’d be looking at a roughly 7.7% CAP rate. The home can also be lived in and partially rented as there is a two bed, two full bath apartment with a separate entrance attached to the home. You can rent the apartment or use it as in-law suite. I have spent enormous sums of money on hardscaping the front yard and back patio area. The walk out patio is right out of a magazine. This is a home that you MUST see in person. Approximately 85k in furnishings. Home comes furnished with full price offer. Owner/Agent. Call me direct for a private showing.