ATTENTION INVESTORS!!! CASHFLOW 16 Rental Units (9 Unit Apartment Building, 6 Unit Mobile Home Park and 1156 Sq Ft Warehouse. These Units Have Grossed over $60,000 for the last 4 years.This property is in a great location with the new High school located just down the street. Over 300' of Prime Road Frontage. Owner also has a 20 Unit Mobile home park (asking Price $295,000) that he is willing to sell as a package deal! Both Asking prices would be discounted with a package deal!
This home was built around 1920 and is in the beautiful downtown area. This area is quiet and peaceful. There is a city park, library and community college within a few blocks of the home. The surrounding homes are well kept and are lived in by long time residents of the community. The 2500 sq. ft. home has been renovated into (3) apartments consisting of 1-bedroom and 1- bath in each apartment. Each apartment also has a kitchen and living area and there are washers and dryers in each unit. The home has been well cared for and each apartment has been recently painted. The heat and air units are in great condition and are serviced annually. The apartments are currently rented and bring in an income of $1100 a month. If you want, you could also renovate this grand home back into a single family dwelling or you can live in one apartment and rent out the other two. You have options with this property that is being offered at a steal of a deal If square footage is important - MEASURE!!