Description
SOLID BRICK ** PRIME INVESTMENT PROPERTY ** CHECK OUT THE CASHFLOW! ** KNOWN AS "The WATER TOWER PLACE" THIS TURNKEY PROPERTY HAS BEEN METICULOUSLY MAINTAINED & IS A SOLID INVESTMENT. CONSISTING OF (1) RESIDENTIAL 1 BEDROOM/1 BATH APARTMENT GENERATING $950/MONTH. *** PLUS (9) OFFICE SUITES GENERATING $2440/MONTH GROSS RENTS, *** PLUS (2) GARAGE SPACES GENERATING $300/MONTH. THATS A TOTAL GROSS INCOME $3690/MONTH WITH LONG TERM TENANTS/LOW VACANCY. RECENT IMPROVEMENTS INCLUDE: NEWER ASPHALT DRIVEWAY & PARKING 2018, FURNACE 2015, ROOF 2014, 200 AMP SERVICE, MAIN FLOOR WINDOWS NEWER 2013. PROPERTY IS ADA COMPLIANT & ZONED TRANSITIONAL OFFICE. MUST SEE TO APPRECIATE. PLEASE ALLOW 24HOURS NOTICE MIN. TO SHOW.
-
0BEDS
-
0.44ACRES
-
0BATHS
-
01/2 BATHS
-
3,256SQFT
-
$91$/SQFT
School Ratings & Info
Description
SOLID BRICK ** PRIME INVESTMENT PROPERTY ** CHECK OUT THE CASHFLOW! ** KNOWN AS "The WATER TOWER PLACE" THIS TURNKEY PROPERTY HAS BEEN METICULOUSLY MAINTAINED & IS A SOLID INVESTMENT. CONSISTING OF (1) RESIDENTIAL 1 BEDROOM/1 BATH APARTMENT GENERATING $950/MONTH. *** PLUS (9) OFFICE SUITES GENERATING $2440/MONTH GROSS RENTS, *** PLUS (2) GARAGE SPACES GENERATING $300/MONTH. THATS A TOTAL GROSS INCOME $3690/MONTH WITH LONG TERM TENANTS/LOW VACANCY. RECENT IMPROVEMENTS INCLUDE: NEWER ASPHALT DRIVEWAY & PARKING 2018, FURNACE 2015, ROOF 2014, 200 AMP SERVICE, MAIN FLOOR WINDOWS NEWER 2013. PROPERTY IS ADA COMPLIANT & ZONED TRANSITIONAL OFFICE. MUST SEE TO APPRECIATE. PLEASE ALLOW 24HOURS NOTICE MIN. TO SHOW.
© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising.
Based on information submitted to the MRED as of 2021-01-19T12:54:16.767 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
Digital Millennium Copyright Act