Investment Real Estate Auction - Laundromat

Investment Real Estate Auction - Laundromat

A well maintained, income producing laundromat in the city of Lebanon.

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Description

An income producing and extremely well maintained laundromat in the city of Lebanon.  Great opportunity for investors to purchase a building with commercial value and weekly rental income! Building also has 4 rooms available above laundrymat.  Rooms are currently being rented week-to-week at $105.00/week.  Owner was planning on increasing rent to $115.00/week. 

Real Estate Taxes: $2,341.00

PLEASE CLICK ON LINK ABOVE TO VIEW INCOME/EXPENSE SHEET. (Located below the "Directions" link) 

Terms and Conditions

Terms: A 10% deposit will be collected day of auction.  Settlement to be held in 60 days.  A 3% buyer's premium will be added to final purchase price.