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Bring your ideas to this extremely well-maintained 7 unit brick building! Property consists of 5 residential apartments and 2 office spaces. Either keep as-is, and rent out as offices or convert each office to a 2-3 bedroom apartment. Over $80,000 spent in renovations in the last 10 years! Some notable improvements include: full remodel of all commercial office space, all new common hallways, and many updated apartments. The entire building has been converted to natural gas, with both boiler and water heater less than 3 years old. Owner pays for heat/water/sewer (expenses attached). Each tenant gets a designated parking spot; there is plenty of additional off-street parking with a paved lot in rear of building. Replacement windows done in 08. Offices available for the first time in over 20 years. With many long-term renters, this building grosses $54,000 a year with some below market rents. Offering easy access to routes 8 and 44, shopping, Northwestern Community College, dining and recreation, this space is easy to rent. Don't miss this incredible opportunity with a proven money-maker in a fantastic location; schedule your showing today

Property Details of 45 Elm Street

Property Details

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Listed by Michael P Doherty of KW Legacy Partners

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