This mixed use building is an excellent investment. This property has been recently rehabbed and is ready for a new owner. The first floor, Unit 1, is being utilized as an event space. It is a large gorgeous open space for events, a store or an office. It includes a full kitchen and bathroom. Projected rent for this space is $2,500 per month. The second floor, Unit 2, includes a barber shop/hair salon. It is designed as such but can be converted by the buyer to whatever works for the new owner. It includes a bathroom and personal property if the new buyer wishes to utilize it as a barber shop. Projected rent for this space is $1,500 per month. There are three beautiful and fully rehabbed residential units which includes unit 3 which is a one bedroom/one bath apartment with rental income of $850 per month. Unit 4 is a two bedroom/one bath apartment with rental income of $900 per month. Unit 5 is a two bedroom/one bath with rental income of $900 per month. Total income for the property would be $6,650. This building offers five sources of income and could be a great investment for the right buyer. Showings need at least 24 hours notice since there are tenants in the property. Only serious buyers will view all five units. Please call the appointment center to arrange a showing.
Courtesy of: Coldwell Banker Realty Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 9th August, 2022 1:46 PM (UTC)