Good investment opportunity in downtown Milan that sits on the corner of Main and Carr St. With over 5,700 square feet of finished space, this building has 3 good sized units to generate income, including two residential apartments & a large space that is occupied by a nice daycare. All units are occupied and have a gross income of $2700/mo. Daycare has 2903 sq ft with 2 half baths & new AC, Apt A has 1300 sq ft with 2 beds & 1 bath and Apt B has 1,500 sq ft, 3 beds & 1.5 baths. Apt A has new AC, floors, paint, blinds, & ceiling fans. Apt B was rehabbed in 2022. Washer/dryer hookups in all units. Building is free span so could be made into one big building. 22 feet of the parking lot behind the building conveys. Tenants pay all own utilities.
Listing information provided courtesy of the Southeastern Indiana Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 23rd September, 2023 3:25 PM (UTC)
Listing Office: Lohmiller Real Estate
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