Incredible investment opportunity! Formerly the Royal Hotel, this massive building is now a rooming house featuring 22 individual bedrooms, each with their own sinks, mini fridges, and partial furnishings! There is also an additional efficiency apartment that has its own kitchen and bath, as well as a full sized 2 bed apartment in the basement, perfect for a live-in owner or property manager! The 22 bedrooms and efficiency apartment are spread across 2 floors, each floor has a communal kitchen and bathroom. The kitchens each feature a stove and oven, cabinets, sink, and upright freezer. The bathrooms include 2 toilet stalls, shower stall, and sink. The property is heated via boiler system, which works incredibly well and keeps things very warm in the winter. There are 2 water heaters that provide hot water for the building. All of the windows in the building have been replaced with newer vinyl, preventing heat loss and allowing for window AC units to be installed in each room during the summers. Continue to use it as a rooming house, or convert it to student housing, either way this property has huge potential!

This is an Active listing.

Broker Office Phone Number: 810-515-1503

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