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618-277-4400

Mixed-Use Investment Property

$175,000

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: $175,000
CAP Rate: 10.9%

 

Listing Details

Settings
Listing No : 2199
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 : $175,000
Sale Price Per Sqft : $31.31
CAP Rate : 10.90%
GRM : 5.20
NOI : $19,200
CAM Charges : $11,321.44
Parcel No : 13-33.0-210-011
Zoning : B-1
Zoning By : Village of Smithton
Parking : 30
Parking Surface Type : Rock
Property Tax : $3,079
Tax Year : 2019
Year Built : 1868
Rehab Year : 1950
Style : Wood Frame
Roof : Shingle & Flat
Exterior : Vinyl Siding
Floors : 2
Total Units : 5
Gross Rental Income : $33,600
CAM : $11,321

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