About the Listing EXRT15 - SHAUNGER

Income-Producing Investment Opportunity – Pro-Forma STR & LTR Returns $240,000 | Downtown Washington | Riverfront Access | C-1 Zoning | TWO Buildable Lots Turn-key Airbnb or long-term rental investment in one of Washington’s most walkable, high-demand tourist corridors! This charming Midwest farmhouse sits on TWO lots totaling approx. 1/3 acre, with the second lot vacant & buildable—creating immediate income with powerful future expansion upside. Zoned C-1 Residential/Commercial for unmatched flexibility. Short-Term Rental (Airbnb) Pro-Forma – Based on $240,000 Entry Price Estimated Nightly Rate: $190–$260 Conservative Occupancy: 60% Projected Gross Annual STR Revenue: $41,600 – $56,900+ per year Estimated Net After Expenses (30–35%): $27,000 – $39,000 NET annually Strong cash flow potential Walkable tourism location Wine country, Amtrak, riverfront, festivals, lake recreation Multi-entrance layout ideal for guest turnover Long-Term Rental Pro-Forma Estimated Rent: $1,900 – $2,400/month Projected Annual Rent: $22,800 – $28,800 per year Solid performance for: Buy-and-hold investors Medium-term corporate rentals Traveling nurse or executive rentals Second Lot = Forced Appreciation Opportunity One vacant, buildable second lot allows: Additional STR unit Guest cottage Office or studio rental Tiny home luxury rental This creates a compound income property instead of a single-door investment Built for High ROI / Low Overhead • Vinyl siding • Metal roof • Vinyl thermopane windows • Newer composite deck • Walkout lower level with full bath, egress, laundry & two private entrances • Main floor bedroom + den (easy 2-bed potential) • Loft bedroom for added occupancy Location = Bookings Walk to: • Riverfront & boat ramp • Parks, pool, pickleball & sports fields • Lions Lake & fairgrounds • Amtrak station • Downtown dining, shopping & festivals • Minutes to Missouri Wine Country Passed Occupancy • Move-In Ready • Proven STR & LTR Demand Corridor At $240,000, this property offers multiple income strategies, appreciation via development, and exceptional walkability—a rare combination in this price point.

Listing Highlights