Price just dropped..!! ... and this is a NICE turn key purchase!! Solid income producer w/a 2760 SF up/down duplex & a 1216 SF commercial bldg on over a 1/2 ac lot. More than adequate parking space available for all 3 tenants (out front and also in back). Duplex is 100% occupied, with both the up and down units on a M-M agreement. Tenants pay their own utilities. All on separate water & electric meters. Commercial building is occupied on a M-M basis and seller holds a 725.00 SD. Tenant is paying all utilities. 650 Security Deposit on the down unit; 560 in place on the up unit. Owner only pays insurance (approximately 1250 and 1000 annually). Duplex has no AC- commercial building does. Duplex has wood siding & new (2024) shingles; commerical bldg is block/vinyl/wood & has AF shingles. Up unit has no laundry hookup; down unit laundry is in the basement. Down unit tenant owns appliances; up...
Price just dropped..!! ... and this is a NICE turn key purchase!! Solid income producer w/a 2760 SF up/down duplex & a 1216 SF commercial bldg on over a 1/2 ac lot. More than adequate parking space available for all 3 tenants (out front and also in back). Duplex is 100% occupied, with both the up and down units on a M-M agreement. Tenants pay their own utilities. All on separate water & electric meters. Commercial building is occupied on a M-M basis and seller holds a 725.00 SD. Tenant is paying all utilities. 650 Security Deposit on the down unit; 560 in place on the up unit. Owner only pays insurance (approximately 1250 and 1000 annually). Duplex has no AC- commercial building does. Duplex has wood siding & new (2024) shingles; commerical bldg is block/vinyl/wood & has AF shingles. Up unit has no laundry hookup; down unit laundry is in the basement. Down unit tenant owns appliances; up unit appliances are owned by the seller. Boiler was just replaced in June in the upstairs duplex unit. This property has been very well maintained & offers the unique advantage of both a multi family building and a commercial option. The 1972 commercial building is on a slab, has a 1/2 bath, mechanicals room w/ slop sink, AC, gas FA heat & 200 amp electric. Lobby area is 18x17, middle room 14x14, big rear room is 21x16, small rear room is 11x9 & the entire building has new laminate flooring & plenty of overhead lighting. Great set up for any number of businesses & just minutes from down town. 48 hour notice preferred for showings.
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