Status area

Price: $ 77,500.00
Description: 3744 Sq. Ft. Commerical Brick Building For Sale In Downtown Ord, Nebraska.  This property features new paving (part of the downtown Ord revitalization), front display window, commercial space on the main floor, basement, and two apartments on the second floor and garage in the rear of the property.  Excellent potential for a home, office and/or rental.
2009 Taxes: $1,105.48
Year Built: 1917
Lot Size: 18'x117 & 8 by 141' 6"

Other

Comments: The front apartment and main floor are occupied and under lease terms (which will accompany any sale).  The front apartment has been completely refinished with wood flooring in the living and kitchen area, new carpet in the bedrooms, and neutral/fresh paint throughout. The rear apartment remains unfinished.  Possibilities for this include: finishing it to the liking of purchaser for personal living space or refinishing it for leasing. Current monthly income before expenses for the two occupied spaces is $725 per month.  Assuming potential income or utility of $350 a month for the rear apartment, total yearly income of $12900, and expenses of $4000 a year (generous to include taxes, insurance, minimal utilities expense, and short vacancies) - the rate of return for this property will be over 10% annually on the offered price. (This information is owner representated). For A Complete Packet With More Information Please Give Wolf Inc. A Call 308-728-3101.

Please call to schedule a private showing:

Steve Wolf-Broker -- Work Ph. (308)728-3101 -- Cell Ph. (308)730-1086
Dani Warner-Salesperson -- Work Ph. (308)728-3101 -- Cell Ph. (308)730-0767

 

Property information provided was obtained from sources deemed reliable, but the broker makes no guarantees as to its accuracy.  All prospective buyers are urged to fully inspect the property, its condition, and to rely on their own conclusions.