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
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Listing courtesy of Weston Brown 848-468-0423