Unique investment opportunity. 1 tax lot, 2 buildings. Structure 1: 2-story Detached, Mixed-Use Retail (Deli)/Residential 3-unit above. Deli leased, expires 2031 w/ 1x5-year renewal. 3% increases, Semi-net. Tenant pays specific repairs, maintenance, utilities, liability insurance. Structure 2: Residential tenants Mo.-Mo. Stabilized Potential Gross Income: $160, 00 (with residential TLC). R.E. Taxes: $37, 660. Income and expenses (see attachment). Being offered with 220-228 S. Franklin (see MLS 804752).
Lot Sq Ft: 6639 Parking Spaces: Yes Parking Spaces: 2 Parking Facilities: Driveway
Heat: Natural Gas A/C: Individual Units Water: Public Sewer: Public Sewer
Taxes: $37,660
Zoning: Business B Block: 379 Lot: 415
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