Price: |
$875,000 |
Status: |
Active |
Taxes: |
$5,620 |
Lot Size |
0.14 |
INVESTMENT OPPORTUNITY - Grossing $103,000+/year! Investors & 1031 Exchange take notice. Recently upgraded 5-unit building consisting of 1 Commercial Space (Salon) and 4 Residential apartments. Located close to corner of Rt 16 and Washington St, in very desirable Conway Village. Commercial unit is a very reputable long-term Salon currently leased up for 3+ years with TripleNNN. 3 of 4 Residential units recently updated. All 4 apartments in annual leases. Heat Pumps w/ AC recently installed in all units. Updated electrical. Exterior freshly repainted. Stable rent history prior to upgrades. Consistent cash-flow. High Return Rate. Pro Forma & Floor Plans attached or available upon request. Great opportunity to add a solid investment to your portfolio with consistent income and option for short-term rentals in a high volume vacation area.
Listed by Sean Page of Signature Page Real Estate, LLC.