There is an existing lease to a Day Care Center that runs thru January of 2022. The lease pays $6000 per month. The tenant pays foe all maintenance and utilities and the seller pays for all taxes + insurance. Investment Potential- this property currently has income of $72,000 per year. The taxes and insurance are approximately $12,000 per year with net operating income of $60,000 per year. The tenant/day care has been in the building for almost 4 years and has sole exclusive usage 24/7. This is one of the few buildings that is approved for and operating as a day care center. 18% return on investment at current asking price and rental income. Note: present tenant may be interested in extending lease. Contact Mike Messier for information and showings.
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