Great Investment opportunity! This 7 Unit Mixed Use Property has gone through extensive renovations over the 30+ years by this same owner. 6 Fully Occupied Rental Units on the Upper Levels & 1 Retail/Restaurant on ground level w/a 5 year lease until 2026. All tenants are current on rents. Each residential unit has its own gas furnace & ability for w/d hookups. (1) 3 BDRM & (5) 2 BDRM units. So easy to maintain, due to the pride & dedication of the seller. Plenty of off street parking for the tenants. Restaurant pays a portion of the trash removal (currently $260/month) on top of their current monthly rent of $1,600, increasing to $1,700 (Mar 22 - Mar 24) then to $1,900 (Mar 24 - Mar 26). That alone pays for the building upkeep! 2 New C/Air units installed for restaurant in 2020, New exhaust hood in 2021. New Front FaÃ§ade completed 2021. Add this property to your investment portfolio or start out with this one, you won't be disappointed. Seller will be on hand for all showings for more information, too much to list here! Drive by, if interested book a showing! Also listed as MLS# 170456501. Don't miss out on this opportunity!
|--||New Value: $725,000|
|1/12/2022 1:34:08 PM||New Value: Under Contract|
|1/5/2022 9:04:00 AM||New Value: $725,000|