$160,000 • four bedroom(s) • three full bathroom(s) • living size area 1775 sqft

Incredible investment opportunity awaits this lucky buyer!! as a residential property, this older 4 br, 3 ba home sitting on 2 lots ((100 ff on hwy 50) presents a wonderful opportunity for current cash flow and ultimately a huge return on investment when the right buyer comes along. this old home has "good bones" and can be upgraded a bit and modified to provide 2 or 3 income producing residential rentals now. potential rental income of $2,200 to $2,600 per month!! a fabulous return in the range of 20% starting right away! long term, when, not if, the commercial buyer comes along looking to aggregate several of these lots into a major tract for a major c-1 use, you'll be in the catbird's seat with a property that's making you big money as you sit back and negotiate with the big guy!! that's a win-win in the rental real estate business, you win now and you win later!!! for those looking for an immediate commercial use, to add to the utility of this building, we have just listed the vacant lot (50 ffx85') next door to the east (see listing #o5552586). this provides direct access to and parking for the structure from 3rd st. ideal for a small business!!! a total of 150' on hwy 50 but easy access from a side street! great visibility and great access!!

Single Family House 4 bedrooms - CLERMONT

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