Mixed-Use Investment Property
$195,000
Listing Resources
Listing Description
Mixed-Use Investment Opportunity
Fully Leased Mixed-Used Building with Long Term Tenants. Building has had upgrades throughout.
Building Consists of (1) Commercial/Office/Retail Space, (2) 1 Bedroom Apartments, (1) Studio Apartment and 1 Single Family Property – All Fully Leased
Sale Price: $195,000
CAP Rate: 7.7%
Listing Details
Listing No : 2565
Sale Or Lease : For Sale
Property Type(s) : Investment, Office, Retail, Retail - Freestanding
Building Size (Sqft) : 5,588 Sqft
Lot Size (Acres) : 0.31 Acre(s)
Total Sqft Available : 5,588 Sqft
Sale Price : $195,000
Sale Price Per Sqft : $35.61
CAP Rate : 7.70%
GRM : 6.03
NOI : $15,420
Parcel No : 13-33.0-210-011
Zoning : B-1
Zoning By : Village of Smithton
Parking : 30
Parking Surface Type : Rock
Tax Year : 2024
Year Built : 1868
Rehab Year : 1950
Style : Wood Frame
Roof : Shingle & Flat
Exterior : Vinyl Siding
Floors : 2
Total Units : 5
Gross Rental Income : $35,340
Insurance : $3,800
CAM : $1,164
Utilities : $9,470
-
Matt
Barriger
- Office: 618-277-4400 Ext. 17
- Mobile: 618-973-5507
- mattb@barbermurphy.com