$325,700
None
Baseboard Heaters
Turnkey Mixed Use Investment Opportunity in Downtown RipleyExcellent investment opportunity offering an impressive 10.2% cap rate in the heart of downtown Ripley. This fully tenanted mixed use property features two residential apartments plus a ground level commercial retail space, providing immediate and diversified rental income from day one.Well maintained and ideally positioned in the village core, this property offers strong income potential with minimal management required. With all three units currently occupied, investors can step into an established income producing property without the work of securing tenants.A great addition to an investment portfolio, combining residential and commercial income in a convenient downtown location close to local shops, services and community amenities. Turnkey, fully occupied and generating income from day one. (id:36109)
Property Details
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MLS® Number
|
X13746678 |
|
Property Type
|
Retail |
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Community Name
|
Huron-Kinloss |
Building
|
Age
|
100+ Years |
|
Cooling Type
|
None |
|
Heating Type
|
Baseboard Heaters |
|
Size Exterior
|
1262 Sqft |
|
Size Interior
|
1,262 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
68 Ft |
|
Size Frontage
|
25 Ft |
|
Size Irregular
|
Bldg=25 X 68 Ft |
|
Size Total Text
|
Bldg=25 X 68 Ft |
|
Zoning Description
|
Commercial |