INVESTOR ALERT! This is a perfect property for someone who is trying to build a decent real estate portfolio or add to your current PORTFOLIO. Real estate has always been a great hedge against inflation(not financial advice) that can bring in POSITIVE CASH FLOW if done right. This special property is Zoned C-1. Two story main house currently used as a rental property. Per seller, there are seven rooms rented at a rate of $600.00 per month. Also included with this sale are two additional apartments that are also used as rental units. One of the apartments rents for $800.00 per month, and the other three bedroom, two bath apartment rents for $1,200 per month. There is also a workshop/storage which includes a bath and has been rented in the past. Seller owns a parcel of property behind this property which includes another apartment that is also included with the sale. Total monthly rental income is over $6,000 per month. There are no leases so the tenants can remain or move with notice. The seller manages the rentals so there is no management company involved. The seller pays approximately $600.00 to $700.00 per month for utilities. Seller recently installed a new 1100 gallon septic tank and replaced the roofs on the main house and apartments. The seller owns three parcels of property, one behind this property and one on the left of this property. Call today to make your appointments. This cash cow won`t last long!
Myrtle GroveElementary School