For Sale
For Sale
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Year Built
1962 (Renovated 2018)
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Overview
Location, location! This 5 unit multi-tenant, 2 story all brick building is in the heart of Hillsboro. Just steps from the Jefferson County Courthouse, numerous attorney offices, the Hillsboro R-3 school district offices and more.
Family owned-operated, it has new sidewalks, railings, paved parking, awnings and it's easy to see it's well cared for! Entire building units have been professional updated (3 commercial spaces and 2 upper level residential units).
Currently generates almost $2,990/mth and will generate another $400/mth with Unit C leased. Great for a passive investor or a handy-man needing a secure retirement while living on site.
For Lease
Sebaugh Property Mgmt
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Time on Market
almost 4 years
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Space ID
1987956
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Overview
The property is owned and operated by family members who have increased the asset value with numerous improvements since mid 2017. They have upgraded both the commercial and residential renter profiles. This unique building is ready to hand over to a passive investor who wants a steady income stream and minimal maintenance.
Property Details
Sebaugh Property Mgmt
Location, location! This 5 unit multi-tenant, 2 story all brick building is in the heart of Hillsboro. Just steps from the Jefferson County Courthouse, numerous attorney offices, the Hillsboro R-3 school district offices and more.
Family owned-operated, it has new sidewalks, railings, paved parking, awnings and it's easy to see it's well cared for! Entire building units have been professional updated (3 commercial spaces and 2 upper level residential units).
Currently generates almost $2,990/mth and will generate another $400/mth with Unit C leased. Great for a passive investor or a handy-man needing a secure retirement while living on site.
- Property TypeOffice/Retail Mixed
- Amenities
- Highway access
- A/C
- Dog friendly
- Free Parking
- Natural light
- Ready to move in
- Onsite parking
- Bike Parking
- Year Built1962Renovated 2018
- Total Building Size2,774RSF
- Cap Rate1.0%
- Number of Floors2
- Number of Buildings1
- Parking Rate$0.00
- Zoningmulti-use
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID2160146