Description
BACK ON MARKET -BUYER'S FINANCING FELL THRU. Great investment property! Has 3 rental homes, det. office/wkshop. 1.45 Acre Level tract of land w/ 192 front feet on Hwy 321 w/ apProx 22,000 cars daily. Continue as rentals or raze & build your business on this flexible site! As of 7/1/21 front & right rear home rented for income of $2100/mo. Approx 8% Cap Rate. Operating expenses estimated. All units have air conditioning. Note: tax assessor has this property under 2 addresses: 3247 and 3249 but both on same tract of land. Operating expenses include taxes, insurance & misc. Verbal estimate @ seller based on 2019. as 2020 had significant repairs to front home. New carpet & paint in front home. New gutters w/ leaf guard. Left rear home needs TLC, vacant.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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3,512SQFT
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$85$/SQFT
School Information
Description
BACK ON MARKET -BUYER'S FINANCING FELL THRU. Great investment property! Has 3 rental homes, det. office/wkshop. 1.45 Acre Level tract of land w/ 192 front feet on Hwy 321 w/ apProx 22,000 cars daily. Continue as rentals or raze & build your business on this flexible site! As of 7/1/21 front & right rear home rented for income of $2100/mo. Approx 8% Cap Rate. Operating expenses estimated. All units have air conditioning. Note: tax assessor has this property under 2 addresses: 3247 and 3249 but both on same tract of land. Operating expenses include taxes, insurance & misc. Verbal estimate @ seller based on 2019. as 2020 had significant repairs to front home. New carpet & paint in front home. New gutters w/ leaf guard. Left rear home needs TLC, vacant.
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