Residential triplex on corner of King & Tradd. 1st floor was originally a corner store. Although zoned residential, there is a possibility of city allowing limited commercial use. Would have to be minimal impact on neighborhood & parking - such as boutique office with limited amount of employees and foot-traffic. Building is in need of complete renovation and is being sold in as-is condition. Currently has 3 electric meters and 2 water meters. Annual rental income for 2015 & 2016 was $57,600 each year. Annual expenses: Flood insurance $2708 per year, Hazard insurance: $4468 & property taxes: $10,622. Property is currently vacant and requires no advanced notice to show (just make appt. with Showing Time). Property is on a zero lot line and has no parking except for city permits.
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