Description
This historic mixed-use commercial and residential property, originally built in 1905 as the “Mansion on the Hill,” presents a rare investment opportunity with the potential to generate $31,295.00 in net annual income. The three-story building with a full basement and finished attic offers approximately 4,192 SF and blends timeless architectural character with modern income-producing uses. The main level is zoned for commercial/retail, while the upper floors feature furnished apartments and trendy loft-style Air B&B units. The property is partially leased, providing immediate income with additional upside. Notable features include a large covered sitting porch, an elevator lift to the basement, water and laundry included, and a 20-space on-site parking lot. Ideally located near the interstate, airport, and surrounding cities, this property is well suited for an investor or owner-user seeking a distinctive historic asset with strong accessibility and long-term potential.
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0BEDS
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0.34ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This historic mixed-use commercial and residential property, originally built in 1905 as the “Mansion on the Hill,” presents a rare investment opportunity with the potential to generate $31,295.00 in net annual income. The three-story building with a full basement and finished attic offers approximately 4,192 SF and blends timeless architectural character with modern income-producing uses. The main level is zoned for commercial/retail, while the upper floors feature furnished apartments and trendy loft-style Air B&B units. The property is partially leased, providing immediate income with additional upside. Notable features include a large covered sitting porch, an elevator lift to the basement, water and laundry included, and a 20-space on-site parking lot. Ideally located near the interstate, airport, and surrounding cities, this property is well suited for an investor or owner-user seeking a distinctive historic asset with strong accessibility and long-term potential.
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