Live in one, rent the rest. GROUP SHOWING 12/14/18 3:00-5:00 PM. $81,000 Gross, $56,085, Net Income, 16%Cap. Thousands invested in this turnkey cash flowing 12-unit asset located on Main street. 11/12 units are occupied & the 12th unit can be rented easily with some required work. Most if not all of the tenants have been on the premises for years & some for 10 years or more. This property does include a fully furnished restaurant with a full kitchen that can easily be rented for an estimated $2,000.00 per month in addition to the current rents. This building has a brand new gas heating system, less than one-year-old. This building recently had a brand new roof installed. Property comes with 14 parking spaces. NOTE - the owner has enjoyed owning this property & the purpose of the sale is to begin his retirement, he is not under any financial constraint to sell the property & has priced to sell, only serious investors please. *CAN APPLY FOR A GRANDFATHERED LIQUOR LICENSE used on-site*
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Listing Courtesy ofCENTURY 21 Keim