$1,295,000
Prime Bums Lake investment! This mixed-use building, near hotels & shopping, offers 2 residential & 9 commercial units (all occupied!). Updates in 2013-14 include a new roof, vinyl plank flooring (most units), windows, electrical, added units, baths, doors, furnace & retaining wall. Priced at $1,295,000 with an 8.84% cap rate, this property offers excellent returns. Month-to-month leases provide income flexibility. A fantastic opportunity in Burns Lake's thriving market! (id:60626)
Property Details
MLS® Number
|
C8066957 |
Property Type
|
Retail |
Road Type
|
Paved Road |
Building
Amenities
|
Street Lighting, Storefront |
Fire Protection
|
Security System |
Parking
Land
Acreage
|
No |
Size Irregular
|
0.35 |
Size Total
|
0.35 Ac |
Size Total Text
|
0.35 Ac |
Utilities
Electricity
|
At Lot Line |
Water
|
At Lot Line |