206 S Oak St

Unleash your entrepreneurial spirit with this fully leased three-unit apartment building. The first floor is home to a commercial storefront, providing an exciting opportunity for business endeavors, while the second and third floors each consist of a well-proportioned, one-bedroom, one-bath apartment. Tenants are responsible for utilities, reducing owner expenses and contributing to a cap rate of 13% with current rents, which have potential to increase at lease renewal. The property bears the mark of thoughtful maintenance, evidenced by up-to-date mechanicals and a rubber roof that's just five years old. As a bonus, this building demands nothing of you - it's all set up and ready to perform. In short, it offers a unique and promising opportunity for those looking to expand their investment portfolio. Add the potential for thriving business on the lower level, and the future looks even brighter. The charm and financial promise of this property are sure to catch the eye of any astute investor.