Mixed use property featuring commercial space (currently a church) on the first floor, a garage on the back of the property, and apartments on the 1st, 2nd, and 3rd floors. Total monthly cashflow is $3,445 and leases are attached in Documents. Church $640/month; 1st Floor Apartment (Studio, 1 Bath) $685/month ; 2nd Floor Apartment (4 Bedroom, 2 Bath) $1,000/month; 3rd Floor Apartment (2 Bedroom, 1 Bath) $930/month; Garage $200/month. The second floor apartment is under market-value rent by about $400/month (see report in documents). Annual expenses for 2023 were as follows: Gas $5,550; Electric $398; Wastewater $2,875, Sewer & Water; $2,464.
Iron Valley Real Estate of Lancaster
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Listing information last updated on November 23rd, 2024 at 3:03pm CST.