18 E Main Street

Description

Fantastic investment opportunity in progressive Community-minded Orwell!! Wonderful turn key buy for the Investor. The East unit (approximately 2,000 S.F) is on a one year lease (July - July) at $900.00 / month. The smaller (middle) unit (approx. 2,000 S.F & currently used as a restaurant) brings in $900.00 / month and the West end unit (approx. 4,000 S.F.) brings in $800.00 / month & used by a non-profit. This building has been well maintained - lots of electrical upgrades - & the shingle & metal areas of the roof were both done in 2021. 2 units have forced air (gas) heat; the east unit is electric baseboard. Only the large, west unit offers Central Air. Tenants pay all of their own utilities - owner only pays taxes, insurance and a small mowing bill for the back area. All units are metered separately - all units have their own individual basement space for their use. Back parking area will hold roughly 7 or 8 cars, plus there is parking on the street. Current owner holds no security deposits on any of the units. Both smaller units have 1 restroom - large unit has 2. Middle unit is currently a restaurant, so there is a fully functional kitchen; currently on a graduating 5 year lease. Large unit has a small kitchen area and currently is on a month to month. Some advance showing notice appreciated - no Sunday showings of middle unit.