If you're looking for a truly excellent investment opportunity under 1 million dollars look no further than 4515 Ave. D. Delivered completely vacant at closing this building has a foot print of 20x70 and sits on a lot of 20x100. The commercial space is 1400SF. There is also a basement that stretches length and width of the building that can be coupled with the commercial space for added rental income. Two apartments on the second floor. The front is a two bed, one bath; the rare is a one bed, one bath. All units are metered separately. The zoning is great at R4/C1-2, the FAR is 2.75. This is an excellent deal, perfect for a 1031 exchange. The projected rent roll is upwards of $72,000 per year, the expenses are limited, and the possibilities are endless.
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.
