Courtesy of: Kate Myhan, JPAR - The Sears Group, katemyhan@gmail.com
Courtesy of: Kate Myhan, JPAR - The Sears Group, katemyhan@gmail.com
$545,000
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2 bed
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1.00 Bath (1 Full)
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|
Single Family Residence
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$545,000
412 N 8th Street Investors, seize this opportunity to acquire a mixed-use property on a spacious 7, 190 square foot lot with 5, 075$ monthly income. This versatile property features a total of 3, 123 square feet, including a restaurant space, two smaller commercial units, and two rental units. Unit 3, with 2 bedrooms and 1 bathroom, is currently leased, while Unit 2, a 2 bedroom and 1 bathroom unit is leased .The restaurant lease (secured for 3 more years) brings in $3, 200, presenting a unique opportunity for a business venture combined with residential space. Savvy investors will appreciate the potential for increased cash flow by leasing the two smaller commercial units, thereby enhancing the property's value. Located in a non-flooding zone, this property promises both security and growth. Further details are available to facilitate your acquisition process, with a loan estimate attached showing cash flow aligned with payments. Principal & Interest covered by restaurant lease.
Courtesy of: Kate Myhan, JPAR - The Sears Group, katemyhan@gmail.com
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