318 12th Street


318 12th Street

Region: Downtown
Use: Multifamily / Retail
Lease or Sale: Sale
Building Size: ±4,835 SF
Sale Price: $1,000,000

318 12th Street is centrally located in the Downtown Business District as an excellent value-add investment opportunity! The property is fully leased, comprised of a commercial/retail space converted to a residential unit (approximately 1,500 square feet), one 2-bedroom 2-bath residential unit, two 1-bedroom 1-bathroom residential units, and two secured parking garages, one of which is leased to a commercial tenant. Three of the residential units features newer flooring and paint, beautifully updated kitchens and bathrooms, newer appliances, washers and dryers, ample storage space, and central air conditioning and heat. The property currently generates Gross Annual Income of $69,120.


Unit: B
Size: 1,200 SF
Rate: $1.67 SF/Month
Lease Type: Mod Gross

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