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  • Key Facts
  • Description
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Key Facts

Type Other
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes $8,556
Days Active 77
Approx. Age 1962
MLS® Number 7537542

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Explore this exceptional investment opportunity! This property hosts a licensed residential senior care facility that has been successfully operating for over 20 years. The tenant is prepared to sign a long-term lease and historically demonstrates reliability with on-time payments. The current 3 year lease features a gradual annual increase, starting at $3, 800 per month, rising to $4, 000, ensuring a dependable and solid income stream. The property boasts 7 bedrooms, 3 bathrooms, and an additional office area, with a size larger than indicated in tax records. Recently upgraded, the home features a new kitchen with elegant granite countertops and stainless steel appliances, high-quality vinyl plank flooring in most areas, fresh interior paint, and updated light fixtures. HVAC systems were replaced in 2017 and 2018, and the exterior benefits from new concrete siding and paint in 2018, along with a new roof in 2019. All three bathrooms were remodeled in 2023. Situated in a convenient location close to I-285 and I-85, shopping, and dining, this property is primed for minimal maintenance costs for the new owner.Show Description
MLS® Number7537542
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1962
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Zoned
A/CAttic Fan, Central Air, Zoned
Heating Fuel

Extras

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