ATTENTION ALL INVESTORS!!! A UNIQUE OPPORTUNITY TO OWN A BUSY, HIGH VISIBILITY CORNER PROPERTY WITH TWO 2-FAM HOUSES & A GARAGE OCCUPIED BY A 60+ YEAR ESTABLISHED AUTO REPAIR SHOP WITH LG PARKING ON THE FRONT (262 MIDLAND AVE). SITUATED ON THE CORNER OF MIDLAND AVE & CLARK ST, THE 2 RESIDENTIAL BUILDINGS CONSIST OF 12 BR & 4 FBTH TOTAL. 143 CLARK ST - 3 BR & 4 BR APTS, & 145 CLARK ST - 3 BR & 2 BR APTS. ALL 5 UNITS, INCLUDING THE AUTO REPAIR SHOP, ARE FULLY OCCUPIED. TENANTS PAY FOR ELECTRIC, GAS, HEAT, & HOT WATER. OWNER PAYS FOR COLD WATER ONLY. NO RENT CONTROL. MANY UPDATES WERE DONE SINCE 2017 & STRUCTURALLY ALL BUILDINGS ARE IN GREAT SHAPE. THE PROPERTY IS ENVIRONMENTALLY CLEAN, NO OIL OR CHROMIUM CONTAMINATION. ALL BOILERS & HWH ARE IN GOOD CONDITION & WELL MAINTAINED. GREAT OPPORTUNITY FOR INVESTORS OR A 1031 EXCHANGE. RENTS & INCOME/EXPENSES ARE AVAILABLE UPON REQUEST. OWNER HOLDS AN ACTIVE REAL ESTATE LICENSE. DON'T MISS THIS MONEY-MAKING OPPORTUNITY, WON'T LAST LONG!
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.
