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Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Commercial Sale
Sub Type:
MLS Number: 9990157
Lot Acreage: 0.50000
Living Area: 10,000
Year Built:
Elementary School:
Middle School:
High School:
Public Remarks: Excellent investment opportunity featuring four separate structures with immediate income and significant upside potential. Additional properties are located at 225 2nd avenue, 402 Queen Street, and 710 Lynncrest. This portfolio includes a brick quadplex that is fully rented, providing steady cash flow from day one. Also included is a large downtown building offering a storefront space in need of renovation, presenting an ideal value-add opportunity, along with a 3-bedroom apartment that is currently rented. A second quadplex is partially occupied with 3 of 4 units rented, and a newer duplex with both units rented adds modern appeal and stability to the income stream. Rents across the properties have not been increased in quite some time, offering strong potential for future growth through rent adjustments and improvements. With multiple income-producing assets and room to add value, this is a rare opportunity for investors seeking both immediate returns and long-term upside.taxes are approximate, as tax rate hasn't yet been determined for new assessment
Listing Courtesy:REMAX Results Bristol
AC:Heat Pump3: true
Business Type:Condo: true
Business Type:See Remarks33: true
Business Type:Vacant2: true
Contract Info:Foreclosure: No
Development Status:See Remarks37: true
Electric Service:220 Volts: true
Exterior Finish:Brick4: true
Exterior Finish:See Remarks3: true
Exterior Finish:Vinyl Siding: true
General Property Description:Acres: 0.5
General Property Description:Annual Lease: 75000.0
General Property Description:HOA YN: No
General Property Description:Lease: No
General Property Description:Lot Size2: See acreage
General Property Description:Total SqFt Finished: 10000.0
General Property Description:Total SqFt Unfinished: 0.0
General Property Description:Zoning2: Commercial
Heating:Heat Pump2: true
Info Available:ProfitLoss Statement: true
Location Tax Legal Info:City Taxes: 700.0
Location Tax Legal Info:County Taxes: 2000.0
Other Equipment:None22: true
Remarks Misc:Directions3: From front st, turn right on 2nd st left on diagonal
Remarks Misc:Public Remarks7: Excellent investment opportunity featuring four separate structures with immediate income and significant upside potential. Additional properties are located at 225 2nd avenue, 402 Queen Street, and 710 Lynncrest. This portfolio includes a brick quadplex that is fully rented, providing steady cash flow from day one. Also included is a large downtown building offering a storefront space in need of renovation, presenting an ideal value-add opportunity, along with a 3-bedroom apartment that is currently rented. A second quadplex is partially occupied with 3 of 4 units rented, and a newer duplex with both units rented adds modern appeal and stability to the income stream. Rents across the properties have not been increased in quite some time, offering strong potential for future growth through rent adjustments and improvements. With multiple income-producing assets and room to add value, this is a rare opportunity for investors seeking both immediate returns and long-term upside.taxes are approximate, as tax rate hasn't yet been determined for new assessment
Restrictions:Deed: true
Road Access:City Street: true
Roof:Metal3: true
Roof:Shingle: true
Sale Includes:Fee Simple: true
Sewer:Public Sewer: true
Water:Public: true