GLEBE INCOME PROPERTY: FOR SALE
Please call listing agents to book all appointments and receive guidelines around showings and health protection for all.All units available for viewing.
Great owner live-in
A great location just steps to the Canal this property is a ideal owner live in or keep as an income The property has huge potential for several different uses.Turn back to a single – live in and have income- use as an investment property- this investment income property is ideal for your portfolio in any times. 3 units will provide you a safe future investment with a present net of approx $51,864.00 Used for short term rentals previously and available furnished. Excellent tenant in place on main floor- Tenants would like like to stay – leases may be gotten. Turn key situation with Fire Retrofit .
Expenses as a rental
Cable and Phone 2,160.( this is for the short term rentals for the entire building – included in the rent – but if used as long term leases this can change.
Total $70,740.00- $76,740.00 with main floor rent at past rent of $2,500.00 Furnished )
Apt 1 ( main floor ) $2,000.00 per month month to month -was $2,500.00 short term )term.
Apt 2 ( 2nd and 3rd floor)Vacant and estimated at $2,500,00 but set your own rent.
Apt 3 ( basement) Furnished $1,395.00 month to month,
Present tenants may wish to stay with lease if possible now on month to month.
Rent includes all utilities and parking.
Net would be higher if used as a long term rental with cable and internet being paid by tenant. Main floor was a higher rent as well as a short term.