
Listed by Eagle Valley Realty
$550,000
6696 Rt-52
Details
APN 2400-014-0-0002-011-000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 5
NOI $58,446
Year Built 1908
Buildings 1
Acreage 0.680
Zoning ND
Multifamily | 5 Units
Marketing description
Investment Opportunity! A rare investment opportunity awaits at this charming lakefront laundromat with 4 income-producing apartments, perfectly blending steady commercial revenue with residential rental income. Positioned along the scenic shoreline of Lake Huntington, the property offers pretty water views that attract both locals and visitors. The laundry facility features 11 front load washing machines, ample parking, and a loyal customer base, creating reliable cash flow for the owner. Along with the commercial space, there are 4 fully rented apartments providing a good monthly income. With its prime waterfront location, dual-income potential, and strong community presence, this property presents an exceptional opportunity for investors seeking both stability and long-term growth. Apartment #1 & #3 each have a living room, kitchen, full bath and two bedrooms. Apartment #2 & #4 each have a living space with a small kitchen, a bedroom and a full bath. There is a full basement and a storage area on the main level. This location is perfect for long term tenants or Short term renters. Lake Huntington is a motorboat lake.
Listing Contacts

Listed by Eagle Valley Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$58,446.00
$4,870.50/mo
Valuation Metrics
0
DSCR
10.63%
Cap Rate
10.63%
ROI
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