Description
TURNKEY DOWNTOWN INCOME PROPERTY - 24 UNITS PLUS TWO COMMERCIAL TENANTS Newly renovated, this mixed use building sits two blocks from historic Market Square and the waterfront. The upper two floors offer 24 residential studio units with en suite bath, plus a dedicated office space for management. The ground floor is already producing: a long-operating laundromat leased at $1,800 per month and a convenience store at $2,000 per month. Located within the Historic District and situated in both the Enterprise Zone and a federal Opportunity Zone, offering meaningful tax advantages to qualified investors. Sale includes a lease on the adjacent lot, which can be used for tenant parking - a rare amenity downtown. Imagine the possibilities!
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24BEDS
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0.08ACRES
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25BATHS
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01/2 BATHS
School Ratings & Info
Description
TURNKEY DOWNTOWN INCOME PROPERTY - 24 UNITS PLUS TWO COMMERCIAL TENANTS Newly renovated, this mixed use building sits two blocks from historic Market Square and the waterfront. The upper two floors offer 24 residential studio units with en suite bath, plus a dedicated office space for management. The ground floor is already producing: a long-operating laundromat leased at $1,800 per month and a convenience store at $2,000 per month. Located within the Historic District and situated in both the Enterprise Zone and a federal Opportunity Zone, offering meaningful tax advantages to qualified investors. Sale includes a lease on the adjacent lot, which can be used for tenant parking - a rare amenity downtown. Imagine the possibilities!
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