Excellent investment opportunity in a high-visibility location. This property includes a a 4-unit residential building fully leased at market rents with updated units and clean, uncluttered common areas. The property also has a separate building with an auto mechanic shop, office space, and 2 bedroom apartment above occupied by owner of mechanic business. The long-running auto mechanic shop is leased for $1,650/mo, and is grandfathered in as the only mechanic business allowed in Farmington's main commercial district. Will work well for investors looking to build equity in a cashflowing, stabilized property that does not need any major improvements.
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