
Description
Turnkey profitable investment property with value-add potential. 4 parcels zoned Commercial-Residential (RC) totaling just over a half-acre. This classic piece of history has been a family heritage since 1940 (see historical photos in supplements). Property utilities include gas, electric, and city water/sewer. ***The garage and retail/warehouse space was originally built in 1938 and remodeled in 1965. The warehouse roof was replaced in 2008. Parking for 24 vehicles. No deferred maintenance. Two tenants make the space 100% occupied with on-time, up-to-date monthly payments. ***The home is not occupied and needs work but can be rehabbed back to its original splendor. It was built in 1901 and features exquisite architectural details throughout a spacious floor plan. At some point the home was moved to the back of the property onto a new foundation and leased as a college rental. There is plenty of room to add a drive and garage or outbuilding if desired.
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0BEDS
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0.57ACRES
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0BATHS
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01/2 BATHS
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3,996SQFT
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$75$/SQFT
School Ratings & Info
Listing information © 2022 YES-MLS.
Description
Turnkey profitable investment property with value-add potential. 4 parcels zoned Commercial-Residential (RC) totaling just over a half-acre. This classic piece of history has been a family heritage since 1940 (see historical photos in supplements). Property utilities include gas, electric, and city water/sewer. ***The garage and retail/warehouse space was originally built in 1938 and remodeled in 1965. The warehouse roof was replaced in 2008. Parking for 24 vehicles. No deferred maintenance. Two tenants make the space 100% occupied with on-time, up-to-date monthly payments. ***The home is not occupied and needs work but can be rehabbed back to its original splendor. It was built in 1901 and features exquisite architectural details throughout a spacious floor plan. At some point the home was moved to the back of the property onto a new foundation and leased as a college rental. There is plenty of room to add a drive and garage or outbuilding if desired.
