Price: | $179,900 | Status: | Active w/Contract |
Taxes: | $1,761 | Lot Size | 0.04 |
2 residential units, and a commercial space diversifies this investment. The residential units are rented to long term tenants, with month-to-month leases, and the commercial unit is vacant, and ready to be rented. Tenants pay heat and electricity, so costs are fixed and easily determinable. Overhead is very reasonable. Seller has successfully challenged the tax assessment, and there has been a significant reduction in the tax assessment. Many positive aspects to owning this property. Sellers have owned the property for a long time, but they have retired, and are ready to pass the baton to the next investor.
Listed by Rich Johnson of Select Real Estate.
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