Listing ID: 45503
Business Overview
Excellent Investment Opportunity! This is the last piece of the puzzle on this great block! This 6 Unit, Commercial, brick building has (4) 1 bedroom apartments, all but one are vacant currently so lots of value add opportunity! They would make amazing short-term rentals with some updates! I do have people that are interested in renting the storefronts, but holding off until I know who the end-user is going to be. Those can generate on average 1200+ a month. The building will need a full rehab but, the area is growing and may qualify for a community-building grant for exterior renovations! The storefronts include 15 feet of potential patio space. HUGE OPPORTUNITY!
Financial
Seller Financing Available
- Asking Price: $259,900
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: N/A
Detailed Information
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:4,440
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A