This building consists of 2 retail rentals on the street level floor and 4 residential retail units on the 2nd floor. First floor has a large retail store that the owner is currently occupying and he will vacate at closing . The other retail unit is currently rented as a barber shop with a lease at $500 per month. The large retail space should bring at least $1100 per month. The upstairs consists of 4 residential units which include 2 - 1 bedrooms and 2 efficiencies. The efficiencies rent for $100 per week and the 1 bedrooms rent for $125 per week. At full capacity the total revenues should exceed $40,000 per year with a cap rate of "13".
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
