75 HURON STREET

9.5% CAP RATE | 5 INCOME STREAMS | FULLY TENANTEDInvestors, take note! A strong 9.5% cap rate and immediate cash flow make this turnkey mixed use property a standout investment opportunity in the heart of downtown Ripley. Featuring four residential apartments plus one ground level commercial retail space, this property delivers five established income streams under one roof.Fully occupied and income producing from day one, the property offers diversified residential and commercial revenue with no vacancy to fill. Well maintained, centrally located and positioned for minimal management, this is the kind of straightforward income property investors look for.Five units. Full occupancy. 9.5% cap rate. Immediate income. Add this proven income producer to your portfolio and put your investment dollars to work from day one. (id:67197)

Price

$425,700

Property Type

Retail

Transaction Type

For sale

MLS® Number

X13746732

Interior Size

3128 sqft

Cooling

None

Fireplace

No

Heating

Baseboard heaters

Interior Size

3128 sqft

Water

Municipal water

Size Frontage

46 ft

Size Depth

68 ft

Acreage

No