121 1st Street

This income-producing four-plex offers immediate cash flow with upside potential. Two units are fully finished, renovated, and currently operating as active Airbnb rentals, generating $825 per week combined. Airbnb income history is available upon request. The remaining two units require only light finishing work to bring them online, presenting an excellent value-add opportunity for increased rental income. Major updates have already been completed, including a new roof, new gutters, and new windows, providing peace of mind for the next owner. Construction materials currently on the property can be negotiated with the sale, helping reduce renovation costs. Additionally, a neighboring parcel conveys with the property, offering the perfect setup for off-street parking or future development. Whether you’re looking to expand your short-term rental portfolio or convert to long-term rentals, this property offers flexibility, strong potential returns, and room to grow. Don’t miss this rare multi-unit opportunity in Powhatan Point!