Calling All Investors!! Multi-Family Home

By
Real Estate Broker/Owner with RE/MAX Property Specialists RS294217 / RM423788

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This property would make a fantastic senior care facility. It was successful as a senior care facility in the past and can be brought back. The Baby Boomers are aging and need care. A senior care facility is a recession resistant business for a smart investor. Hire an administrator and a nurse then a cook and then fill the beds. With 13 bedrooms you could accommodate a lot of seniors and make this a stable and profitable business. Current owner started the project to convert the building into 9 apartments and is at the phase where an architect needs to draw up plans for the conversion. A $150-200k renovation would finish this conversion and give the area some much needed housing. Additionally, the rental income is estimated at over $9,000 monthly. Seller is a real estate licensee.

Call Jeremiah Noll at 570-971-2509 for more information!

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Comments (3)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Congratulations on your new listing.  Nice house and nice job with your presentation.

Dec 08, 2022 03:08 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Congratulations on your new listing, Jeff Rickert Team.  Best of luck getting it quickly sold.

Dec 09, 2022 06:33 PM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Sounds like a wonderful home that's sure to draw plenty of interest. Hope it’s a quick seller for you & your clients!

 

Dec 11, 2022 05:43 PM