Active

$290,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 1401 sq ft
Overview
  • ID: MFRTB8418668
  • Bedrooms:
  • Bathrooms: 0
  • Size: 1401 sq ft
Property Details
Remarks
***INCOME-PRODUCING DAYCARE, 1401sf, CONCRETE BLOCK BUILDING + LAND & LEASE RIGHTS INCLUDED (*Does not include business)*** Own the **BUILDING, LAND, AND LEASE RIGHTS** in the heart of Progress Village. Current tenant operates a **DAYCARE** (use aligns with zoning) under a lease **MARCH 1, 2025 – MARCH 1, 2027**. *Tenant’s personal daycare items/furnishings do not convey.* The current tenant is running a daycare in the building which it is currently zoned for. The tenant owns all personal daycare property in the building. It is concrete block, 1401sf, converted single family home in the heart of Progress Village. This daycare will serve the surrounding community. Property Highlights: Circular driveway for pickup/dropoff. Additional parking pad for employees and visitors. several large classrooms, office, & 2 bathrooms that are super clean and well kept. The kitchen is ready to serve. The backyard is fully fenced and is set up with several play areas for students as well as a storage shed. This is a rare opportunity to purchase a property that’s already generating income immediately. Schedule your showing today! *WHY THIS ONE?* Immediate cash flow/Income, established use, strong neighborhood demand—buy real estate **and** the income stream in one move. High CAP Rate (~9%+)! **RARE OPPORTUNITY—SCHEDULE YOUR SHOWING TODAY!**
Financial Considerations
Price:
$290,000
HOA Fee:
N/A
Tax Amount:
$2778.33
Price per SqFt:
$207
Tax Legal Description:
PROGRESS VILLAGE UNIT 2 N 32 FT OF LOT 12 AND S 37 FT OF LOT 13 BLOCK 24
Exterior Features
Lot Size:
7176
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
Refrigerator
Furnished:
No
Floor:
Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1961
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    4922 S 84TH ST
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