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INVESTMENT HIGHLIGHTS
- Fully rented
- Full basement
- Well maintained and updated
EXECUTIVE SUMMARY
Investor Alert! Fully rented mixed use brick income property with one commercial space and four residential apartments. This is a well maintained and updated property that any investor should be proud to own. Commercial space address is 1735 Central Ave. Apartments are (3) 1 Bedroom, (1) 2 Bedroom and addresses are 1736 Heeb St #1 and #2 and 1738 Heeb St. #1 and #2. There are 5 electrical services, 5 water meters, and 2 gas meters. Commercial tenant pays $950 month rent and all utilities and has gas forced air furnace and central air. Apartment rents are $850, $675, $800, $800 and tenants pay own electrical, water, sewer, and garbage. Owner pays residential units gas and heat which is served by a hot water boiler. There are washer and dryer hookups in the apartments, tall ceilings on all floors, and a full basement. Free on street parking behind the building on Heeb St and on street metered parking in front.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
5,244 SF
Year Built
1888
Price
$350,000
Price Per SF
$66.74
Percent Leased
Vacant
Building Height
3 Stories
Building FAR
2.76
Lot Size
0.04 AC
Zoning
C-4 - Downtown Commercial
AMENITIES
- Air Conditioning
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-24-252-025 | Total Assessment | $216,000 (2025) |
| Land Assessment | $15,400 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $200,600 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
10-24-252-025
Land Assessment
$15,400 (2025)
Improvements Assessment
$200,600 (2025)
Total Assessment
$216,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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1735 Central Ave
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