Attention investors, do not miss out on this opportunity! A Commercial property with great visibility, on a main route and close to Rio Grande University and Community College. This property consists of a retail store, hair & tanning salon and 4 apartments.
Income producing features include:
Boutique/Hair & Tanning Salon
- Long term tenant
- Rents for $900/month
Apartment 1
- Small studio style
- Currently occupied
- Rents for $450/month
Apartment 2
- 1 bedroom,1 bath
- Front covered porch
- Rents for $650/month
Apartment 3
- 3 bedroom, 1.5 bath
- Large 2 car garage
- Covered patio in the rear
- 2 stories
- Rents for $850/month
Apartment 4
- Long term tenant
- 2 bed, 1 bath
- Carport
- Rents for $450/month
- Attached garage used as storage for Landlord
Additional features include:
- Great location and visibility
- Plenty of off road parking for patrons and tenants
- Additional l...
- Additional land with road frontage included to expand opportunities.
- Approximately 300' of road frontage on state highway
- Public sewer and water supply
- Additional building for storage
- Close to Rio Grande College
With the income potential this will make an excellent investment that would easily pay for itself. This is a great opportunity to add some income to your investment portfolio. Call today with any questions or to schedule a time to view the property. Tenants rights apply. Please do not approach tenants. Current annual taxes are approximately $2302. Contact listing agent Keith McClaskey at 614-778-9103 or listing agent Jon Collins at 614-419-3924.