Location, Location and Location! This is an $66,000 opportunity -- one of the best combination location: one-stone away from major highway #93/#495, neighbor with TD Bank, brand new Cumberland/Gas station right across street. This three units property consists of two over-size three-bedroom apartments on the 2nd and 3rd floor, a more than 2000 sqft restaurant on the first floor. All utilities are separated, each tenants pay their own. Currently each rental apartment pays $1,500 monthly and tenant-at-will. The first floor restaurant pays $2,500 monthly plus its utilities. At the back of building, there is 4~5 parking space. For this location and size apts,, it is easy to rent . It will be great with for owner-use restaurant while collecting $3,000 monthly rents, or living in one apartment collecting $4,000 monthly rents. Per city land use planner, this property is in the B2 zone, it can be used for many commercial use like liquor store or simply convert to 3-family with variance.
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