Listed by The Matthews Group, Keller Williams, Keller Williams GR East
$317,000
755 Portage Street
Details
APN 06-22-276-022
Property Type Retail, Office
Sub Type Storefront, Executive Office
Square Footage 4,000
Units 3
Year Built 1954
Buildings 1
Acreage 0.100
Parking Spaces 6 spaces
Parking Per SqFt 1.50
Retail | 4,000 SqFt
Marketing description
Turnkey 3-unit investment opportunity with additional development potential! This 4,800 sq ft property features strong rental income, off-street parking, and two additional lots included in the sale. The property includes an 800 sq ft front apartment, a 2,000 sq ft rear unit, and an additional income-producing unit. Updates include a new HVAC system, new water heater, and 3-inch spray foam insulation for improved efficiency. The upstairs unit has a rental potential of $1,775/month, while the smaller unit is currently rented at $875/month. The seller currently pays water, sewer, and garbage. Electric and gas are separately metered for the downstairs unit, with separate water metering as well. Great opportunity for investors seeking cash flow and long-term upside.
Listing Contacts
Listed by The Matthews Group, Keller Williams, Keller Williams GR East
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