Price: $295,000
Building Size (Sq.Ft.): 5720
Lot Size: 0.57 Acres
Zoning: Commercial
Year Built: 1958
Taxes: $6,886 in 2005
Parcel ID: 02-31-16-00000-120-1700 |
- Easily rented quaint, adorable, individual cottages
- Twelve units total.
- One unit is a 3-2 concrete block house.
- 15% Capitalization rate (no kidding, with the appropriate
expenses applied)
- Full Lot with over 1/2 acre of land, offering plenty of upside
potential once this recession blows over.
|
| Wonderful collection of cottages
(and one house) that are easily managed and are a money maker.
Occupancy is high and has been historically. The property is
centrally located with good access to US-19 and I-275. |