Remarks

Who is ready to add this investment piece to their portfolio? This property is diagonally across the street from the courthouse, on Main Street, in Whitley City. It offers 5 apartment units and 1 store front unit. This building would make a great piece for any store owner or investor. The store front is currently being used as a discount store with restroom, storage rooms and changing rooms. This store has an HVAC system for heat & air. Each of the apartments is rented on a month by month basis. Landlord takes care of water, sewer & trash. Tenants are responsible for electric and internet. There are 4 upstairs units that are 1 bedroom and 1 bathroom with baseboard heat and window unit air. The 5th unit is a 2 bedroom 1.5 bathroom with an HVAC system.
This property brings in a nice cash flow each month. The current owner has made several improvements to the property. This property pays out at more than a 1% monthly gross ROI at current asking price.

Details

MLS#: 25001305
Price: $235,000

Sq Ft: 5356
Year Built: 9999

County: McCreary
Subdivision: Commercial