Originally constructed in 1900, the Merrill House sits in the heart of the Dawson St Historic District. Currently known as the Hickory Apartments, the home offers 3 1br/1ba units and 1 2 br/1ba unit all located off a central hallway. Income potential here of approximately $2400/month. Totaling 4700 sq ft, the property is zoned R2 which allows for current use as well as conversion to professional office space or restored to it's original grandeur as a large single family residence. Home is being sold as is.
The approximate monthly Principal & Interest payment for this property would be $1,039. This payment is based on a 30-year loan at a fixed rate of 3.73 % with a down payment of $22,490. Actual lender interest rates and loan programs may vary.
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