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Great opportunity here with a property like no other with nothing to do! The sale includes 2 buildings. Front facing building approximates 1500 square feet with 2 units and a common basement. The main level unit has 2 bedrooms and 1 full bathroom. Completely renovated, like new. Currently vacant and could rent for $1500. The upper unit is a 1 bedroom/1 bath and is currently rented below market value at $625.(Could rent for $800). The tenant is month-to-month. All newer mechanicals, windows, electrical, plumbing, and roofing. Refinished hardwood floors and a very clean unfinished basement that has been waterproofed. The back 2,200 square foot building, which is zoned recreational, could easily be rezoned residential through the city as it has central heating/cooling- updated plumbing and electrical. In its current state, the property has 2 non-conforming 1 bedroom spaces, each with its own kitchenette and full bathroom. Each could rent for $800 per month. The remaining 1200 square feet is wide open with a freshly epoxied floor that would make for a great business space- print shop, sewing shop, collector shop etc.. or the ultimate man cave, or auto/motor enthusiast's dream spot. The possibilities are endless here. The 1200 square foot space could be rented out for $1,000-$1500 per month. The property is pristine- not a thing to do for years. Endless options and possibilities- a true goldmine for the right buyer with the potential for, in excess, $4,800 per month in passive income! Pre-approved buyers only. Schedule a tour today.
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IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, ©2022 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Updated: 5th December, 2023 12:55 AM (UTC)
Listing Agent: John M Cotter
Listing Office: KW Domain