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On the Corner of Sturm and Lincoln Highway East
On the Corner of Sturm and Lincoln Highway East
Attention Investors! Turnkey income producing property. There is an annual net income of $40,000.00 on this mixed use property. There are 12 units. In the front building there are 2 retail units-one is a salon that has been rented for 7 years, the other could be an office or easily converted into an apartment. There is also a 1 bedroom and a 2 bedroom apartment in this building. In the rear building there are 8 efficiency apartments, some with long term tenants. There is a 9th efficiency space that is used as the maintenance room. A storage shed is located next to the efficiencies. All units are rented except for one of the retail/office spaces.
Last updated: July 2 2022, 11:28 PM
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