Overview
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