AMAZING cash flow of $100k+/yr + in this sweet collection of cottages in the heart of Old Town Port A! The Harbor Cottages features a total of SEVEN rental units in three separate buildings, with recent interior renovations & durable finish-out. Westernmost building houses 4 studio apartments each with a bath & either a full kitchen or cooking capabilities, plus a long common porch. Center building features a 3/1 apartment upstairs with huge covered porch & a separate 2/1 unit downstairs, plus a garage & storage area. Easternmost cottage is a freestanding studio unit with a kitchen & bath. Property currently grosses $8950/mo in long-term rent, but is zoned C-2 to allow short term rentals, business use, condo conversion, etc for even higher cash flow. Wood look laminate flooring & stainless appliances in many units. Located on ~1/3 acre of land w/room to add pool or additional improvements. Priced to SELL in existing condition, this is a rare find! 2018 taxes $5275.
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Listing information last updated on June 26th, 2019 at 11:26pm CDT.