• Follow This Home!
• Saint Cloud Homes for Sale
• Saint Cloud Homes
• Search All Homes For Sale
• Our Listed Homes For Sale
• Homes Close to Where You Work
• What is Your Home Worth?

Presented By:

Schedule a Showing/Request Info

Property Description

This building consists of 2 retail rentals on the street level floor and 4 residential retail units on the 2nd floor. First floor has a large retail store that the owner is currently occupying and he will vacate at closing . The other retail unit is currently rented as a barber shop with a lease at $500 per month. The large retail space should bring at least $1100 per month. The upstairs consists of 4 residential units which include 2 – 1 bedrooms and 2 efficiencies. The efficiencies rent for $100 per week and the 1 bedrooms rent for $125 per week. At full capacity the total revenues should exceed $40,000 per year with a cap rate of “13”.