Description
Amazing chance to live mortgage free. This 4 unit commercial property also houses an amazing 2200 sq. ft apartment and an 800 sq. ft. rec area. The apartment is 2 bedroom/1.5 bath. The current commercial rents come to $1900.00 per month and there is a vacant unit to add a lease to. A quick calculation of a full asking price and 20% down with one vacant unit comes to around $1850.00 per month depending on your interest rate. Brand new rubber roof installed in September of 2019 Cap rate 8.15 as of 11-15-2020 *building age is an estimate from the insurance company*
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0BEDS
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0.38ACRES
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0BATHS
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01/2 BATHS
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23,951SQFT
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$12$/SQFT
Description
Amazing chance to live mortgage free. This 4 unit commercial property also houses an amazing 2200 sq. ft apartment and an 800 sq. ft. rec area. The apartment is 2 bedroom/1.5 bath. The current commercial rents come to $1900.00 per month and there is a vacant unit to add a lease to. A quick calculation of a full asking price and 20% down with one vacant unit comes to around $1850.00 per month depending on your interest rate. Brand new rubber roof installed in September of 2019 Cap rate 8.15 as of 11-15-2020 *building age is an estimate from the insurance company*
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