Exceptional mixed-use investment opportunity in the heart of historic Mineral Point. This income-producing property features six fully leased residential apartments generating over $73,800 in annual gross income, plus an established commercial tenant and eight additional office suites offering significant upside through future leasing or reconfiguration. A lower-level garden suite provides additional value-add potential for residential or commercial use. Numerous capital improvements have already been completed, including tuckpointing, structural reinforcements, updated electrical, newer roof, and new deck and stairs, minimizing near-term capital expenses. Located on a high-visibility corner in downtown Mineral Point, this property offers immediate cash flow with excellent long-term appreciation and income growth potential. A rare opportunity for investors seeking a stabilized asset with value-add potential in a thriving historic community.
Features
6 bedrooms
4 bathrooms
1900 sq. ft. floor area
crop_free0.08 ac. lot size
cottageMulti-Family
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Local market activity for 6 bedroom multi families in Mineral Point
Sold
For Sale
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