Circa 1900: Investor opportunity in St. Charles City's Frenchtown business district. Frenchtown is poised to increase in value with the city's new revitalization focus for the neighborhood. Fully rented mixed use property, both units are month to month with tenants who would like to sign a lease and stay. Total rent currently at $1200/month, but building could bring in $1500/month with limited updates. Main floor is commercial, currently a 3 room art studio with half bath plus laundry/kitchenette. Entry/stairwell off the side of the building leads to 2nd floor 1 bedroom/1 bath apartment. Basement access from both units via side entrance/back stairwell (1st floor door to back stairwell was boarded over due to prior usage with liquor license). Alley parking pad for 4, backyard shed for storage, covered front porch. Building next door just purchased - will be renovated into 6 rental units. Most of this lot is located in the 500 year flood plain. SELLER TO MAKE NO REPAIRS, SELLING AS-IS.