Remarks

Prime Mixed Use Income Producing property for sale. Building was recently renovated with exterior siding repair and completely repainted. Total of 6 legal units. There are 2 Commercial units on ground floor facing Truman Ave. Both Commercial spaces now occupied by the Seam Shoppe, a long term, stable tenant. On the 2nd floor there are 4 good size apartments. Each apartment has 1bedroom plus loft room and 1 bath. Each has use of large, outdoor deck in back. Each unit has its own storage unit under back deck. Potential Gross rental income totals approx. $15,500/mos.Total of 6 Water and Electric Meters. Large corner lot at Truman Ave. & Pohalski Lane. There is parking in the rear lot for a few cars and a bike rack.Building in good condition and well maintained.Excellent Replacement Property for a Buyer looking to perform a 1031 Exchange.Owner may consider Seller financing to a Qualified Buyer at Seller discretion.

Details

MLS#: 614726
Price: $2,150,000

Style: Apartment 3 or more,Retail,Other Comrcl Style,Shop/Strip Center
Bedrooms: 4
Baths Full: 4
Baths Half: 2
Year Built: 1923

County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Lot Size: 50' x 68' approx.
Tax Fee: 13631.78