Prime location in the heart of old mill basin busy Ave N. one story with 2 dwelling mixed use building. First floor is medcal center for 20 years. right now rent is $3600(market rent:$4500). Second floor have two units, both are 2-bedroom living room open kithch and full bath, rent are:$1250 and 1450(market rent:$1800+$1800) no lease. Good For investment. Right now Gross income: $75600/year. Expense: $12858/year. Net income: $62742/year. Gap rate: 5.3%. For market gross income:$97200, GAP rate is more than 6.5%?All buildings are in good condition
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