Great investment opportunity for the wise businessman looking to create monthly cash flow. 8 rentable spaces (5 downstairs, 2 upstairs and 1 detached) with 6 currently leased to long term tenants. Upgrades include some flooring and metal roofing. Separate restrooms and common area are located on the bottom floor. Centrally located in the center of town with easy access to all major cross streets. Handicap accessible ramp provides entry to the front entrance and to the offices.
Take Court Street from Central Park and take right on S. Milam Street. Take left on Donegan Street and property will be on the right side.
The approximate monthly Principal & Interest payment for this property would be $1,358. This payment is based on a 30-year loan at a fixed rate of 4.45 % with a down payment of $29,950. Actual lender interest rates and loan programs may vary.
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