INVESTORS....$84,000 ANNUAL INCOME CURRENTLY... APPROX. $120,000 ANNUALLY PROJECTED!!! EXCELLENT CAP RATE TO BE HAD! UNIQUE 11 BEDROOM, 5 BATHROOM AND 5500 SQ FT RESIDENTIAL PROPERTY PRESENTLY HAS 9 BEDROOMS LEASED TO TENANTS, SOME ARE LONG TERM, 10-12 YEARS. OWNERS LIVE ON MAIN LEVEL AND MANAGE. NONOWNER OCCUPIED WOULD BE ABLE TO RENT THE BEAUTIFUL MAIN LEEVL 2 BD-2BA FOR APPROX $2,000 MONTHLY. TWO SHOPS...24 X 60 AND 24 X 48, BOTH HEATED AND HAVE EXCELLENT LEASING POTENTIAL. PROPERTY HAS POTENTIAL TO BE SUBDIVIDED. THIS HOME HAS THE POTENTIAL TO BRING A GREAT RETURN FOR A CREATIVE INVESTOR. GREENACRES IRRIGATION SUPPLIES INEXPENSIVE WATER FOR THE GROUNDS OF THE ALMOST ONE ACRE LOT! NEWER FURNACE AND RECENT CENTRAL AIR CONDITIONING ADDED! ABOVE GROUND POOL WITH DECK SURROUNDING! HOME PARTIALLY REMODELED IN 1999 WHILE KEEPING SOME OF THE EARLY 1900S CHARM! ALL TENANT BEDROOM FURNITURE INCLUDED! OPPORTUNITY AWAITS!
| Price | $1,300,000 |
|---|---|
| Bedrooms | 11 Beds |
| Bathrooms | 5 Full Baths |
| Year Built | 1926 |
| Property Type | Residential |
| Listing # | 24-10316 |
| Status | Active |
| Listing Type | For Sale |
| Square Feet | 5,500 |
|---|
| Lot Size | 0.79 acres |
|---|
Courtesy of Aron Watts, NextHome 365 Realty
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Estimated taxes and insurance are not included. Mortgage calculator source: NextHome, Inc.
