Description
Great ROI opportunity on Main Street in the heart of Rangely. Property is located on a large city lot with a fenced yard and off-street parking. Multiple spaces available for use including the front retail space set up for a hair salon. The back portion of the building is being used as a bunk house which offers 10 beds, a full bathroom, a lounge area including 3 refrigerators, storage lockers, and a microwave. In addition, there is a current space being rented out on a monthly basis. A new sewer line was installed in 2018 plus the property has a brand new heater and on-demand hot water heater! With the bunk house, the current tenant, and with the retail space also being rented, the property has the potential to bring in $4,700. If youre looking for a simple investment, this is it!!
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School Ratings & Info
Description
Great ROI opportunity on Main Street in the heart of Rangely. Property is located on a large city lot with a fenced yard and off-street parking. Multiple spaces available for use including the front retail space set up for a hair salon. The back portion of the building is being used as a bunk house which offers 10 beds, a full bathroom, a lounge area including 3 refrigerators, storage lockers, and a microwave. In addition, there is a current space being rented out on a monthly basis. A new sewer line was installed in 2018 plus the property has a brand new heater and on-demand hot water heater! With the bunk house, the current tenant, and with the retail space also being rented, the property has the potential to bring in $4,700. If youre looking for a simple investment, this is it!!