Great opportunity for an owner-occupier or investor to purchase a mixed-use building with tremendous cash flow. The top floor unit, to be delivered vacant, is a large and charming 4bd/2ba flat that has been nicely updated. The middle unit is a 3bd flat rented for $3600. On the ground level is a commercial unit rented for $3000/month. There is a single garage with storage that will be delivered vacant. Recent improvements include new paint and double-paned windows. Fully rented, the building will produce income in excess of $148, 000/year. This represents a 12.1 GRM and a 6.8% cap rate!
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