ATTENTION INVESTORS!! CASH COW.............Annual cash flow of approx. $80,000. IN PLACE! This Beautiful Red BRICK building at the corner of Bay Street and Jefferson Street consists of the following: 3 Studio units, 3 One Bedroom units, 2 Two Bedroom units...............8 Residential Units AND a 2,000 Square foot Commercial unit that faces Bay Street. Total of 9 rental units. Commercial Unit is currently Vacant, all residential tenants are Tenant at Will, no leases. This gives the new owner the opportunity to Raise rents immediately and, if wanted, or he can clear out any units with 30 day notice to tenant. Approx. Net Operating Income on this property, if commercial unit is rented, is approx. $60,000. a year. Annual Property operating Data...........Rent roll and expenses is ATTACHED to this listing.
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