Description
*Guided Tour on Wednesday, April 9, 2025 to begin promptly at 11:00 AM*List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, April 10th & ends Tuesday, April 15th, 2025 at 1:00PM. Improved by a 4,245+/- SF (Including basement) Mixed Use Building. The building currently has 5 of the 6 units leased. The property is zoned C2 and is located within the Enterprise zone. Unit 1 is a 1BR/1BA apartment currently vacant. Unit 2 is a 1BR/1BA apartment rented for $1,500/month. Unit 3F is a studio apartment rented for $1,000/month. Unit 3R is a studio apartment rented for $900/month. Unit 4 is a studio apartment rented for $900/month. The basement unit is a commercial unit rented for $1,500/month. There are 2 parking spaces which are not assigned and could be used for additional income. Current Gross Monthly Rent: $5,800. Current Gross Annual Scheduled Rent: 69,600. Potential Gross Monthly Rent:$7,300. Potential Gross Annual Rent: $87,600. Unit #1 and the commercial unit use gas and electric, the rest are electric only. Features include: 7 separate meters Central AC for the basement and first floor New HVAC systems Washers/Dryers in unit Granite counter tops All residential units have been renovated New roof in 2022
Description
*Guided Tour on Wednesday, April 9, 2025 to begin promptly at 11:00 AM*List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, April 10th & ends Tuesday, April 15th, 2025 at 1:00PM. Improved by a 4,245+/- SF (Including basement) Mixed Use Building. The building currently has 5 of the 6 units leased. The property is zoned C2 and is located within the Enterprise zone. Unit 1 is a 1BR/1BA apartment currently vacant. Unit 2 is a 1BR/1BA apartment rented for $1,500/month. Unit 3F is a studio apartment rented for $1,000/month. Unit 3R is a studio apartment rented for $900/month. Unit 4 is a studio apartment rented for $900/month. The basement unit is a commercial unit rented for $1,500/month. There are 2 parking spaces which are not assigned and could be used for additional income. Current Gross Monthly Rent: $5,800. Current Gross Annual Scheduled Rent: 69,600. Potential Gross Monthly Rent:$7,300. Potential Gross Annual Rent: $87,600. Unit #1 and the commercial unit use gas and electric, the rest are electric only. Features include: 7 separate meters Central AC for the basement and first floor New HVAC systems Washers/Dryers in unit Granite counter tops All residential units have been renovated New roof in 2022
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