The Executive Building. Extremely well-maintained and updated, mixed res/comm. 41 residential units range from $370 on third floor, $380 on second floor, $400-$450 on main floor. 14 commercial leases are in place as well. Tremendous visibility and prime location has contributed to the extremely low vacancy rate. Recent updates include tile flooring in entries, key-fob equipped doors, fire doors, laundry room updated, commercial bathrooms updated, paint, electrical updates, new windows on residential side. Most of the apartments have new cabinets in kitchen and bath, new flooring (tile and carpet). Vending machines and spotless laundry room add to income. Private parking lot for tenants has 2 access points, one from Dorothy Lane and the other from Southdale. This updated, well-maintained, well-run complex offers great cash flow and is well worth your consideration.
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Listing Type
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Commercial
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Listing ID
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521542
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House Size
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50,424
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Lot Size
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1.4300
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Listing Status
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Active
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Year Built
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1963
Listing provided by RE/MAX Victory