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The property includes seven rental apartments that are all currently rented, accessed from one side of the building and also has a public laundry facility on the lower level of the opposite side of the building. The building is located just behind the Save A Lot Super Market on Hwy 64 offering a great location.
The building has had some updated in the last few years, including being new paint on the outside and some new windows, locks and new paint in five of the apartments. The building has had the electrical system brought up to code and the plumbing was redone. A new 100 gallon gas 199,0000 btu water heater has been installed as well.
The laundry facility would also offers a great space that could be converted as well. The location would be perfect for many types of businesses, for example a check cashing, insurance, or salon business would benefit greatly from the traffic going to the Save A Lot Super Market parking lot. The markets parking area offers patrons and customers of the business a view of the front door to the part of the building that is now the laundry facility.
We look forward to answering any questions that you may have give you further details on the rent that is collected and the income from the laundry facility. The property is offered for an aggressive price to help a buyer get a great deal on the property and take advantage of this income producing investment. Give Steve Manley a call at 931-215-8987 for further information.