Renovated 2 story with a basement end of group townhome in Fairmount neighborhood and just 3 blocks north of Patterson Park with 8% cap rate. 1st fl is a 1000 sf open floor plan space that is great for retail or any other commercial and/or residential activity, half bathroom is in one of the back rooms that has separate entrance. 1st FL is rented for $1,500/m NN (owner pays taxes and water/sewer) for 5 years with 5% annual increase. 2nd FL apartment is rented at $1,000/m on a month to month bases: it has 2 bedrooms, separate kitchen, large DR/LR combo with spacious bathroom. Annual owner policy liability insurance is $900.
Courtesy of: Keller Williams Metropolitan Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 28th November, 2022 7:58 AM (UTC)