About this home
Cash Cow Opportunity! Are you searching for a proven, income producing investment? This well established laundromat delivers exactly that. Widely recognized as one of the safest and most recession resistant business models, it offers consistent cash flow with minimal oversight. The hard work has already been done. You will find some newer machines, updated security systems, fresh siding and flooring, and even a rebuilt furnace. This property is truly turn-key and ready for a savvy investor to step in and start collecting returns from day one. Opportunities to purchase a laundromat with this level of upgrades and stability do not come around often. Do not miss your chance to secure a rare asset that combines immediate cash flow with a strong future upside.
Listing last checked: Listing updated:
Listed by Listing Agent · Real Broker · MLS #1658797
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Details at a glance
Interior2 property facts
- Heating
- Electric, Propane, Forced Air
- Flooring
- Vinyl
Building3 property facts
- Style
- Investment
- Foundation
- Slab
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.21 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Mixed use
Location
Estimated monthly cost
Explore costs at the $299,995 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,517 / monthAdjust
- Principal & interest
- $1,517
- Property tax
- Not entered
- Insurance
- Not entered
- HOA
- Not entered
Annual property taxes were not supplied. HOA amount was not supplied.
Partial estimate: add property tax, insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 1198 Main Street
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Request a tour of 1198 Main Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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