Building

Year Built

1910

Stories Total

3

Lot

Lot Size Acres

0.4338

Lot Size Square Feet

18896

Utilities

Cooling YN

Yes

Heating YN

Yes

Remarks

Public Remarks

**Photos of AWESOME Penthouse Unit coming soon!!** Fabulous investment opportunity! Known as The Bishop House, this 5 (possibly 6) unit historic multi-family home backs to Fayette Park, in the heart of downtown, just steps to West Sixth Brewing and County Club restaurant. Formerly the Episcopal Bishop's Mansion. Many recent updates over the last three decades including roof, electrical, HVAC, tuck-pointing, some kitchens & bathrooms. The top floor boasts a lofted living space with 2 bedrooms, office, open kitchen/vaulted family room, dining area, winding staircase to the loft, sitting room, full bathroom and walk-in pantry with laundry hookups, plus a private rooftop terrace. The 2nd floor features a former studio apt. now being utilized as a common laundry room, a 1 bedroom/1 bathroom apartment and a 2 bedroom/1 bathroom unit. The main level features a 1 bedroom/1 bathroom apartment and a 2 bedroom/1 bathroom apartment with large living room, eat-in kitchen and private deck. Abundant windows, beautiful trim work and tons of character. Live in one of the units while renting out the others, short or long term. 6 off-street parking spaces. Sold as-is, with inspections welcome. H-1.

Income and Expenses

Electric Expense

400

Gross Scheduled Income

51600

Water Sewer Expense

150

Showing Information

Showing Instructions

Many of the tenants have been in the building for a number of years (one tenant has lived in three different units over 21 years!) The seller used to live on the top level, which is a very cool space and would make an amazing short term rental! All units are tenant occupied. #3 tenant is moving out March 1. Please provide at least 24 hour notice for showings. Must be preapproved or verification of funds provided prior to showings out of respect for the tenants. Units are currently under rented.

Tax & Legal

Elementary School

Harrison

Middle Or Junior School

Lexington Trad

High School

Lafayette

Tax Rate

1.2846

Zoning Description

R-2 - TWO-FAMILY RESIDENTIAL

Association/Community

Number Of Buildings

1

Number Of Units Total

6

Cooling

Electric

Yes

Heating

Electric

Yes

Natural Gas

Yes

Parking Features

On Site

Yes

Open

Yes

Possession

Close Of Escrow

Yes

Roof

Composition

Yes

Rubber

Yes

Slate

Yes

Structure Type

Multi Family

Yes

Documents

Sellers Disclosure Of Property Condition

Yes

Property Features