Listing Description
Are you looking for a turn key investment with positive cash flow & potential for more?? Here it is! A 20000 sq.ft. two story brick building zoned downtown commercial. Previously a community center. It Currently consists of some office space & 9 furnished residential apartments rented for $110-155 per week with all utilities paid. (average of $4940. per month or $59,280. per year). Rarely a vacancy. Two and a half community baths and laundry room and a rec room/kitchen provided. The 400 sq. ft. office space rented for $650. per month (he's been here 14 years!), potential for many more. So total income per year is $67,080. Two public washrooms off the lobby. theres Warehouse/ garage along back currently used by the owners. Nearly 10,000 sq. ft. of unfinished space is ready for your ideas. The possibilities here are endless.