119 - 121 W Saratoga Street presents an excellent opportunity for investor to add significant value to an existing, partially occupied, 13-unit mixed-use building in the heart of Downtown & Bromo Arts District. 12,639 Square Feet between the two buildings. Tenant mix is 11 apartments (1-BR) and 2 retail units. All tenants on month-to-month leases. Same ownership for 30-years. The property may have the potential for historic and CHAP property tax credits. Units have open layouts and currently have AC window units and floor board heating. Property comes with a rear parking lot that fits up to 6 cars. Apartments are currently rented at $500/unit and can be vacated upon closing, so there is a ton of upside! Don't miss out on this opportunity!
Private, Concrete Driveway, Parking Fee
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Listing information last updated on August 20th, 2019 at 5:15pm EDT.