592 Old Town Mall Townhouse

Value Opportunity for an owner-user or investor this renovated mixed-use building is ready for a new owner. Perfect if you have always wanted to start a business, and rent an apartment in the area to make the switch for cheaper than buying a home. Or for an investor looking to start cash flowing, nearby storefronts of similar sizes rent for 1200 a month and apartments rent for about 1600/month nearby. The 3-story structure was built in 1920. The first floor is a storefront whose current use is a convenience store but there is a possibility for other uses. The two upper floors have been fitted for a 3 bed 2 bath apartment, Located in the Perkins Somerset Oldtown Transformation District, a $1.1 billion redevelopment plan to convert over 244 urban acres into a modern community with 1,360 units of mixed-income housing.. The owner is willing to finish some of the repairs with the right offer. *** SELLER WILL ENTERTAIN SELLER FINANCING AND OR RENT TO OWN OPTIONS.