This is a great investment opportunity . Live in the 1500 sq. ft.+/- 3 bedroom 1 bath home and rent the storage units or rent the home and the storage units. There are 27 storage units on this property and space to add more if you wish. Between Clinton and Warsaw in Racket this property has a great location close to the lake. There is electric hook up behind the units. Units rent from $30-$60.00. Storage building was built in 2008 and measures 40x120 sq. ft. Break down of units is as follows: 12- 10'x10' units at $30.00/month 10- 10'x20' units at $40.00/month 4- 10'x30' units at $50.00/month 1- 10'x40' units at $60.00/month Also, the house does need some TLC(paint, floor coverings, etc) but could easily be rented for $550.00 or more with a little work. At 100% occupancy this would yield an annual income of almost $19,000.00. Combine this with plenty of room to expand and the opportunity is enormous.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
