2908 Avenue H

Description

INVESTORS!!!! PROPERTY HAS A BRAND NEW HVAC SYSTEM AND IT WILL BE GETTING A BRAND NEW ROOF PRIOR TO CLOSING WHICH TAKES CARE OF TWO MAJOR EXPENSES THAT WOULD ARISE FOR A LONG TIME TO COME PUTTING MORE MONEY IN YOUR POCKET ON THIS INVESTMENT PROPERTY. THIS BUILDING HAS BEEN LEASED TO THE VERY POPULAR AND THRIVING "DOWN TO EARTH" BUSINESS SINCE 2012 AND THEY RECENTLY RENEWED THEIR LEASE FOR AN ADDITIONAL FIVE (5) YEAR TERM FROM 1/1/22 THROUGH 12/31/27!! PROPERTY INCLUDES PAVED PARKING LOT/AREA WITH ~15 SPACES ON SITE; THERE IS AN OLD 3 CAR GARAGE IN REAR OF PROPERTY THAT IS CURRENTLY USED FOR STORAGE FOR OWNER THAT COULD BE REMOVED FROM PROPERTY AND AN ADDITIONAL BUILDING ERECTED FOR ADDITIONAL RENTAL INCOME; TENANT RESPONSIBLE FOR ALL UTILITY PAYMENTS; LANDLORD RESPONSIBLE FOR TAXES, INSURANCE ON BUILDING AND ANY COMMON AREA MAINTENANCE REQUIRED PERIODICALLY; TENANT PAYS RENT AND ALL UTILITIES; REPAIR/UPKEEP EXPENSE RESPONSIBILITIES VARY FROM TENANT TO LANDLORD DEPENDING ON THE ITEM.