Great investment property offering positive cash flow and opportunity for a lot of growth! This property is situated in the down town district on W 3rd St right off of S. Broadway. Whether you are an investor looking for a cash flow property or a place of business looking for a great location and room to grow this is the property for you! This property offers two studio apartments on the second level with private entrance. Apartment A currently rented for $550 per month. Apartment B currently vacant in need of tub and shower to be ready to go. Anticipated rent for apartment B is $575-$600 per month. Commercial rental unit is located on the main level with several offices and huge reception/lobby area. Commercial unit currently rented for $625 per month. Recent updates include flooring in kitchen and bathroom in apartment A, two new windows ordered to be installed on the west side of the building. Roof was replaced in 2016. Main level is equipped with central air. Tenant pays electric, all 3 units are on separate electric meters. Owner pays gas, water and sewer. Dont miss this opportunity and call today to schedule your private tour. Zoning is Downtown Enterprise District. Total expenses for net income calculated with taxes and insurance only.
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