COMMERCIAL MIXED USE BUILDING IN TWEED

Commercial $400,000

COMMERCIAL MIXED USE BUILDING IN TWEED

SELLER WILL HOLD A MORTGAGE. NET INCOME IS $21,845. This downtown Tweed building contains one main floor commercial space, one main floor bachelor apartment and two second floor two bedroom apartments. The laundromat business is operated by the Seller and is included with the sale of the building. RENTS: bachelor - $575 inclusive. Apt A - $565 ++ (tenant pays $415 and is paid $150/month to open, close, and clean the laundromat. Apt B - $750. A building inspection is available. Seller will hold a mortgage at 7% interest with a 20% downpayment.