406 S 26th Street

Description

Fully refurbished OB Office Buffer District ranch duplex with professional office space and 2BD, 1 full BR apartment. Sale includes 51'x55' adjacent parking lot. Building is fully leased (two modified gross leases including water/trash, gas, electric) with a 9.5% cap rate. Excellent corner visibility in moderately high traffic area. 2mi to Downtown and 3mi to Notre Dame. Building renovations include new roof, portico entryway to office, gutters, windows, interior/exterior doors, plumbing, electrical, fixtures, A/C condenser, and premium vinyl plank flooring. Office space is handicap accessible and features two offices, conference room, half bath, and kitchenette. Ethernet and phone line cable installed and ready for hook up. Perfect space for a small business i.e. medical office, law office, insurance/travel agency, consultant/contractor office. Open concept apartment features two bedrooms, one full bath, and large modern kitchen space. Butcher block countertops and cast concrete island top. Shaker cabinets with brand name stainless appliances. Fridge, dishwasher, microwave, range, window treatments, washer/dryer included with sale. Each unit has individual furnace, A/C, and water heater but gas/water/electric is NOT metered separately. Narrow enclosed shared mulch area in back of property for grilling and/or a pet run. Excellent rental income opportunity. Property is broker owned