Victorian Home & Multi-Unit Rentals with $3740.00 Monthly Income
Located on Main Street in downtown Glenville, this charming Victorian home and commercial units are a rare combination of property that double as a business opportunity and family home. The property advertised includes a late 1800's brick home that is divided into two living quarters and five additional rental units that are all currently occupied. When approaching the home, the curb appeal is undeniable upon first glance. The front deck has two main entries that divide the homes living quarters. The upstairs space is fully turn-key with original woodwork and unique features such as a turret, multiple fireplaces, and original hardwood floors. Considering the second living space has a separate front door entrance, it can easily be utilized as an additional income unit. General cosmetic work would be required to update this downstairs space to the same quality of the remainder of the home. The Victorian also features a deck with street views, a detached two story cellar house with ample storage and one bath, and an additional guest house that has been remodeled in recent years. The guest house is currently renting for $750.00 a month and features a living area, full kitchen, one bedroom, and one bath. The properties four additional rental units are located directly beside the Victorian home. Two current businesses occupy the downstairs units (Family Resource Network and Main Street Gallery). The remaining upstairs units are in excellent condition and extremely spacious at approximately 1000 square feet per unit. Each upstairs apartment includes a full kitchen, living space, single bathroom, and two bedrooms. Preference will be given to a buyer willing to purchase entire advertised listing, however sellers are open to entertaining offers for the Victorian with guest house and multi-unit rentals separately. Buyers must show proof of funds or pre-approval letter before showing. Priced at $485,000.
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