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!
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.
