Description
Incredible investment opportunity! formerly the historic 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!
Property Type
MultifamilySubdivision
DixielandCounty
GeneseeStyle
MultifamilyAD ID
49450983
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 4
- Full Baths: 4
Room Information
- Porches: Porch
Interior Features
- Fire Sprinkler
- Basement Description: Partially Finished
Heating & Cooling
- Cooling: Window Unit(s)
- Heating: Steam
- Heating Fuel: Natural Gas
Water Heater
- Natural Gas
-
Exterior Features
Building Information
- Year Built: 1927
- Building Stories: 2 Story
- Total Units: 24
- Foundation/Basement: Basement
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street
Water
- Water at Street
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 0.20
- Dimensions: 8900
Property Information
- SQ ft: 4154
- Subdivision: Dixieland
- Financing: Cash,Conventional,FHA,VA
-
Listing Information
Listing Price Information
- Original List Price: $295,000
Listing Information
- Possession: At Close
- Legal Description: DIXIELAND LOT 131; ALSO LOT 132 EXC NLY 2 FT.
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,057
- Parcel Number: 4130227020
Possession
- At Close
Legal Information
- Legal Description: Section: DIXIELAND LOT 131; ALSO LOT 132 EXC NLY 2 FT.
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Road Frontage: Paved
-
School, Utilities & Location Details
Utility Information
- Water:Water at Street
- Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 04/25/2025 @ 08:46
- MLS: 625530887
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 0 bedrooms which is for sale, it has 4,154 sqft, 0 sized lot, and Unassigned parking. are nearby neighborhoods.