Also listed on MLS as Commercial PADE508926. There is an estimate to install commercial type restrooms and cost to do the same. Owner would cold consider installation of these 2 rest rooms for right price. The first floor is about 1000 Square foot nd could be perfect for multiple uses. The building is close to trolley and Bus Stops could be perfect as well for insurance offices or medical facility. The property has long time tenants on month to month leases. Although it has business opportunity it is primarily a residential triplex plus commercial use first floor. The total rents are Unit 1 @ $700; Unit 2 @$650, Unit 3 @ 700 and Garage @ $150 per month . Total Present Income equals $26,400 Expenses including Taxes equals $14,414 rendering a Net Income of $11,986. With Renovations and separation of utilities and rental of Business Unit now vacant capitalization could triple. The business area with Rest Room Improvement and build out could improve revenue by $14,400 per year. Leases have been obtained from owner and available upon request. All offers considered.
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