Seller does not want to go through any lending obstacles, so he will only consider cash offers, nothing else. He will not carry either. A great opportunity to own a single property with a commercial store front on Palm and a residential home behind on Ferger. 1526 N Palm is block wall construction, has a showroom, back office/storage, and bathroom complete with shower. Central heat and cool, and currently gets $850 per month base rent, NNN lease where tenant pays (reimbursement) for property taxes and insurance. (Lease term is 10/1/17-9/30/2020) The 3 bedroom 1 bathroom home behind the commercial building is on 1533 N Ferger, has central heating and cooling, laundry room inside, and gets $1,100 per month rent (month to month lease).Each unit has its own PGE meter. Total annual net income is $22,878, 10% CAP! PLEASE DO NOT DISTURB TENANTS. Seller does not want to go through any lending obstacles, so he will only consider cash offers, nothing else. He will not carry either.
Data last updated: November 18th, 2019 at 7:59am CST and updating occurs up to every 15 minutes
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