SOUTHBRIDGE OFFICE CONDO ALREADY OCCUPIED AND GENERATING GREAT INCOME!--This 11 unit office building is nearly fully occupied (getting $400 to $500 per unit for most with one getting $675 and the last 400 sq ft unit is listed at $800 a month plus tax) and with $24k going out out a year in expenses and $54k currently coming in with one unit still left to rent out, this investment is at a strong 10+% cap rate before renting out the last unit. There is a shared waiting room on the first floor along with a shared kitchenette and restroom. The upstairs restroom has a shower built in as well. There are 6 units downstairs including a salon and a real estate company. There is a 400 square foot vacancy on the second floor ready for immediate occupancy. There is a BRAND NEW 2018 ROOF. Water is included in CAM fees.
Listing courtesy of KELLER WILLIAMS REALTY GOLD.
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