Mixed use building with 2 retail spaces, 2 apartments, and a 3,000 SF space that can be utilized as retail, office, or storage. Good cash flow when in its current configuration and great cash flow when the vacant space is leased. Building is in nice condition and has been substantially remodeled over the last several years with no immediate work needed except for the vacant unit. Building has coin op washer and dryer as well. Showings are somewhat complicated so it is best to view from the exterior until the property is under contract at which time a full tour can be scheduled. Much rehab is being done or has already been done in the neighborhood so there is an opportunity for great appreciation in value to the smart investor who has the funds to close in a fairly quick time frame. The income figures shown include the vacant 3000 SF unit at $10.00 psf on a Modified Gross basis with the owner paying the RE taxes and a tenant paying all utilities.
|--||New Value: $450,000|
|10/22/2018 12:07:49 AM||New Value: Active|
|10/16/2018 7:09:00 PM|