Property Details

Overview

This R7-1 building has (4) four stories with a (3) three bedroom apartment on each floor above the vacant commercial space on the ground floor. This is a great investment property that is in great condition. Each floor is currently occupied, and all tenants are current with their rent. The commercial unit is a great space that can be used as a grocery store, candy store, cafe, and fruit stand, especially because it’s directly across the street from a public school and also surrounded by several large apartment buildings. The commercial space also has an extra space for the business owner’s lounging quarters that is approximately 162 sq. ft. The commercial space operatable space is approximately 500 sq. ft. and it has its own breaker box, a new bathroom and kitchen and you can enter the commercial space through (3) three different doors that lead to the street. There is an operative camera system in the building and outside the building for surveillance. The entire building has flood lights that work off a sensor to automatically turn on when the sun goes down. Each floor has a Fire Escape for emergency evacuation purposes. The electric meters all are new, and a new water tank was installed in 2021. There is also a midsize storage space outside of the building that is approximately 125 sq. ft. The roof has no leaks and is durable., Additional information: Rental Income:Y, vac_perc:25