Excellent Investment Property with Four Great Rentals in Mint Condition! This beautiful building on the Batesville Square is home to Dale Copeland's Jewelry Store downstairs & a newly remodeled office space directly behind it with a kitchen and full bath, which could easily serve as an apartment instead. Upstairs there are two very nice one-bedroom apartments that have also been remodeled in recent years. The property has added appeal with walking distance to two great eateries ~ Honeybee Coffee Cupboard & Court Street Patio! The apartments all have refrigerators & stoves, but no washers & dryers are needed with Smith Cleaners AND Smith Coin Laundry just across the parking lot. The seller recently painted and put in new flooring in the apartments, and there's a super-high demand for nice residential rentals in Batesville. Roof & HVAC units were all recently replaced, too. Note: Dale Copeland Jeweler has been in business over 40 years and plans to be there for many years to come! Annual Taxes ~ $1,951 ~ At Current Rent Rates when Fully Rented, the NET Income (AFTER tax/insurance/water) is Over $24,000 Annually
Molly Hawkins
Landhawk Realty, LLC