Great mixed use property with stable tenants. Fast Food Restaurant in front and two Residential units in the back each 1 Bed + 1 Bath. Restaurant has been in business for over 20 years, very well known and is part of the neighborhood recently with new management and update. Property has long drive way with plenty of parking spaces. It is a very well kept property, Great visibility, HIGH RETURN, Easy to manage with lots of potential for extra income. Commercial Front unit: $1,850/mo; 1+1 Back unit: $1650; 1+1 Back Unit: $1,404 total monthly rent $ 4,904, Yearly Gross income $ 58,840 ACTUAL CAP RATE % 6 Current GRM; 11.8, MUST SEE.
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