Price Reduced 36.01%


Price History

$4,999,000
8/24/2023

$4,500,000
8/31/2023

$3,999,900
10/2/2023

$3,500,000
11/9/2023

$3,199,000
12/19/2023


1910

Exceptional Mixed-Use Building with Prime Investment Potential Presenting an outstanding opportunity for the discerning investor, this mixed-use building offers a prime location and versatile income potential. Comprising a total of five residential units and two commercial spaces, this property is a lucrative prospect for the right buyer. Residential Units: - Four units consist of 3 bedrooms and 1 bathroom each. - The fifth unit features 2 bedrooms and 1 bathroom. - Unit 1R: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 2R: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 3R: 2 bedrooms, $2,000/month (Occupied) - Unit 3L: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 2L: 3 bedrooms, $2,400/month (Occupied) Commercial Spaces: - Front Store: with approximately 1,500 sq ft, $3,000/month - Back Store: Takeout restaurant with approximately 1,000 sq ft, $3,000/month Income Breakdown: - Potential monthly income: $24,200 - Yearly income: $290,400 Exp Food Pantry enses (Approximately): $22,548 per year This property presents a fantastic investment with a mix of occupied and vacant units, providing potential for immediate income generation and future value appreciation. The building's strategic location ensures a steady stream of foot traffic for the commercial tenants, enhancing their earning potential. Don't miss the chance to own a piece of this thriving investment


Status:

Active

Type:

Commercial

Units:

7

Zoning:

R6

Heating:

Natural Gas, Hot Water

Acreage:

0.06

Est. Taxes:

$156

Current Use

Mixed Use, Residential, Retail

MLS #:

3500034


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Weston Brown 848-468-0423