Price Reduced Motivated Seller! Prime Main Street property with 18 unit apartment building ideal for investors seeking a maintained building with significant upside potential. Discover this vintage apartment building constructed in 1938, offering classic architecture and timeless appeal. The three-level structure comprises a total of 18 units, including 12 one-bedroom, 4 two-bedroom, and 2 efficiency apartments. Currently at 60% occupancy, this property presents a great opportunity for value-add investment and future growth. The building also features a full basement with potential to finish as a common area or laundry facility, enhancing tenant amenities and increasing revenue opportunities. Schedule your viewing today of this prime commercial opportunity downtown the Heart City! Legal: OT Lots 15 16 17 Blk 5 Valentine Lot Size: 75'x150' Property Taxes ( 2024): $1,460.68 Utilities: Electricity is separately metered with each tenant paying their own, except the 2 efficiency units. Common area electricity, propane, trash, & water are provided.
- Age: Over 50 Years Old
- Amenities: Security System
- Exterior Type: Brick
- Floor Covering: Linoleum
- Floor Covering: Hardwood
- Floor Covering: Carpet
- Floors: 2
- Heating System: Forced Air
- Heating System: Propane (Heating)
- MLSID: 11589858
- Roof Type: Flat