707 Railway Avenue

Multi-family unit available in the town of Neudorf. This completely renovated revenue property offers superior rental accomodation and a reliable source of revenue. At one time this old railway station was home to a doctor's office and a restaurant and bar. The main level consists of 2 units that could easily be converted back to one space if desired. The first unit is a spacious 2 bed, 1 bath with in-suite laundry. The second unit on the main is a studio with kitchen and a 3 piece bath. The upstairs unit features 2 beds and 1 bath with in-suite laundry. This is a great opportunity for someone looking for an investment property with the option of a residence for the new owner. Or looking to open up a business? Convert the main floor to a business and live upstairs. Some of the many upgrades include: plumbing, furnace (2017), water heater (2017), electrical with 200 amp service (x2), siding, metal roof, windows, doors, flooring and much more. All appliances included. Currently rents for: 2 bedroom/1 bath Main Floor Unit - $1000 including all utilities, Studio - $500 not including all utilities, 2 bedroom/1 bath Upper Unit - $695 including water (tenant responsible for power and gas). 2 separate gas and power meters (one set supplies the main units and the other the upper unit). Water approx $150/month for all, lower units; gas $150 and power $290. (id:54626)