MLS Public Remarks Welcome to a remarkable investment opportunity! This property is your ticket to a steady stream of income, currently generating $3,500.00 per month in gross revenue from 3 units. There's a one bedroom upstairs and a 2 bedroom downstairs in the main house. These units are currently rented. All 3 units have separate independent utilities. Behind the two-unit residence stands a versatile office building and a spacious garage, providing an array of possibilities for entrepreneurial ventures with a possible 4th unit build out to increase the revenue to almost 5,000 a month. Whether you are looking to maximize cash flow by renting out all the units or prefer to enjoy the benefits of living in one unit while leasing the others, this property caters to various investment strategies. The downstairs apartment is under contract until Sept 30th, transitioning to a month-to-month thereafter. Meanwhile, the lease for the upstairs apartment has concluded, but the tenants are still in place on a month-to-month basis. Beyond its potential as a residential income property, this space offers an additional opportunity for a business. The back section is ready-made for a barbershop, beauty salon, dog grooming facility, office or a similar enterprise. Furthermore, its versatile design allows for easy conversion into a different type of business. There is also a separate entrance and room to make a possible 4th unit for even more income potential. The property also has plenty of parking, making it an ideal choice for business owners with a fleet of trucks. If you've been dreaming of starting your own business or expanding an existing one, this property provides the perfect foundation. It's important to note that showings are available through direct contact with the Listing Agent, and a 48-hour notice is required to view the occupied units in the home. Also this is a commercial property and requires a commercial loan approval or cash funds to purchase and see it. Don't miss out on this exceptional investment opportunity!
http://www.www.jjrealtors.com.com/20240015402
Township Harrison Twp
Directions Take Jefferson Ave south just past Murray St and its on the west of street.
Fin Below Grd SqFt 0
Total Fin SqFt 1,365
Price/SqFt $263
Unfinished SqFt 0
Above Grade Finished SqFt 1,365
CDOM 50
Sub Property Type Multifamily
Year Built 1960
Days on Market 50
Land Assessment -
Improvements $359000
Net Taxes $4186
Acreage 0.41
Taxes -
Tax Year -
Summer Taxes $3378
School District L'anse Creuse
Winter Taxes $808
Subdivision Jefferson Heights - Harrison Twp
Lower Level Square Footage 0
Waterview N
Number of Units 3
Waterfront N
For Lease/Rent N
Est. Total Acres 0.41
Lot Dimensions 90 x 200
WaterFrontage
0
Heating Forced Air, Natural Gas
Cooling Central Air, Separate Meter
Water Public (Municipal)
Basement Y
Heating Forced Air, Natural Gas
Garage 0.0
Architecture 2 Story
Basement details Unfinished
Sewer Public Sewer (Sewer-Sanitary)
Parking Desc Garages
Home Style Cape Cod
Possession At Close
Exterior Materials Vinyl
Status Change Date 05/01/2024
Listing Date 03/12/2024
Internet/IDX Y
Pending Date 05/01/2024
Named Exceptions Y
Listing Office
Usa #1 Realty Llc
Office Address
39967 Jefferson Ave
Listing Number
20240015402
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Monday, May 13, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
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