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Desription

Historic building in downtown Brighton with 9 residential units and 2 commercial retail spaces, to include an attached, arcade/laundromat with 10, (owned) commercial washers/dryers. Many reliable tenants with long-standing leases, and a mixture of 1, 2, and 3 bedroom units - all are currently rented. Apartments on the third floor offer lake views. Unassigned parking on-street and at-site. Serviced by public water/sewer, an oil-fired, baseboard hot water system throughout majority, and an additional 3, propane-fired fan coil units in laundromat/arcade. Current, annual rental income totalling $96,300 with an additional $30,000 potential rental income. Combined expenses of $35,754. Part of a larger, portfolio listing of income-producing properties consisting of 33 total units (29 residential & 4 commercial) in 6, separate buildings. For details, refer to the main listing with MLS #5034779. Full financials, leases, property details, etc. available.

Infomation

  • Number of Units: 12
  • Living Area: 18135 SqFt
  • Total Area: 24180 SqFt
  • Lot Size: 0.23 Acres
  • Year Built: 1900
  • Stories: 3
  • Basement: Concrete,Interior Stairs,Exterior Access
  • Roof: Membrane,Architectural Shingle
  • Construction:
  • Taxes: $5844.06
  • Heating Fuel/Type: /Propane,Oil,Baseboard,Hot Air,Hot Water
  • Water Heater:
  • Water:
  • Sewer: Public
  • Listing Office: Jim Campbell Real Estate
  • Listing Agent: Luke Sykes

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