1208 Terrace St
Close to downtown, 12 bedrooms, 2 bathrooms. Boarding house currently used for substance use recovery. Current net income is $30,000/yr with potential increase of approximately $25,000/yr by adding 6 more tenants at $350/mo. Half of the rooms can accommodate 2 tenants. Possible owner contract with a significant down payment. Buyer to verify square feet to their satisfaction. See documents for financials.
Listing courtesy of Wilson Real Estate Management LLC