8 N 11 Ave
Close to downtown, 10 bedrooms, 2 bathrooms. Boarding house with lots of updates currently used for substance use recovery. Current net income is $25,000/yr with potential increase of approximately $21,000/yr by adding 5 more tenants at $350/mo. Half of the rooms can accommodate 2 tenants. All the plumbing is in place for a 3rd bathroom. Buyer to verify square feet to their satisfaction. See documents for financials. Possible owner contract with a significant down payment.The house operation numbers shared in the documents of the listing are numbers given to the owner by the nonprofit running the ministry of recovery in the house and are no indication of future costs and owner will not be held responsible for their accuracy.
Listing courtesy of Wilson Real Estate Management LLC