Any level of INVESTOR should want to add this property to their portfolio! This unique building that was originally a Ford Model T Dealership back in the 1930s has been converted to dwelling units and secured garage space storage. It also has the possibility to be modified to create additional income with the endless amounts of storage space available. It's unique design brings long term tenants who would wish to stay if the new owners should desire to make the transition easy and turn key. The total size of the building is HUGE and there are separate drive up areas that the tenants enjoy. Great income producing property that's currently yielding a Cap Rate of 7% and rents haven't been raised or adjusted in years! Each of the units have their own unique floor plan design. The top floor unit is a wonderful open urban/industrial appeal to it and has its own master suite and walk in closet areas too! The incoming producing units each have 4+ bedrooms and there's a separate locked garage unit that producing income as well. Be sure to ask about how you can expand the options on this property to create more additional monthly income.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
