Partially rehabbed 12 unit complex on 2.64 acres which includes 7 buildings consisting of 4 individual 1/1 houses with attached carports, a duplex containing a 2/1 with fireplace, and a large 1 bedroom 1 bath apartment. In addition, there are 6 more units consisting of 3 studios, 1 2/1, and a 1/1 which were remodeled from an old hotel. Many of the units have been restored, and most are rented. Infrastructure including gas and water lines have been renovated as well. The property is zoned tourist commercial, so vacation rentals and other occupancy options can be implemented. This property provides great cash flow and rents are relatively low. There's a lot of opportunity for a cash flow investor.
|Price Reduced||$549,000||$50,000 (8.35%)|
|Price Reduced||$599,000||$50,000 (7.70%)|
|Price Reduced (from $695,000)||$649,000||$46,000 (6.62%)|
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