248 S Main St
$755,000
8
Beds
3/1
Baths
3,615
Sqft
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$755,000
8
Beds
3/1
Baths
3,615
Living Area
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Property Description
Fully Leased Mixed-Use Investment Property – 3 Residential Units + 1 Commercial Space. Prime Location | Strong Cash Flow Opportunity. This mixed-use building offers a solid investment opportunity with all units currently fully rented. Situated in a desirable area with high rental demand, the property consists of: Two (2) Spacious 3-Bedroom Residential Units, One (1) Comfortable 2-Bedroom Residential Unit, and One (1) Commercial Space (street-facing with strong visibility) Each residential unit offers generous layouts and reliable tenants. The commercial storefront on the first floor is ideally suited for retail or office use and is currently leased. Strong rental history and 100% occupancy, Separate utilities, Plenty of parking, Potential for rent increases or value-add upgrades
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
- Parking Spots: 12
- Property Type: 3 Family
- Total Rooms: 20
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator, Microwave
- Exterior Features: Rain Gutters
- Interior Features: Living Room, Kitchen, Dining Room, Office/Den
- Roof: Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Interior Entry
- Foundation: Stone
- Lot Features: Easements
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Gb
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $393,700
- Tax Year: 2025
- Total Rent: $6,300
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $6,135
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Listing information provided courtesy of LPT Realty, LLC.
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