Great location" in the center of downtown with high visibility. Shares the cross walk with Wells Fargo bank. This property was last sold in 1976! This Art deco style building lies on a 100x26"ft corner lot: Most of the building has south exposure for lots of sunlight. Mixed use with Professional offices on 1st two floors. First floor can be two separate spaces with retail in front (with one bathroom) and office in back with separate entrance and one bathroom. The second floor has dual access from Anderson & Nelson Ave. w/one bathroom. Possible to convert to two apts. with the same floor plan and the top floor. The property comes with 3/4 car parking spaces, 5 boilers, 6 separate electric meters, central air on the 1st floor, front and back stairwell. The building has a new roof, and the two rental units were renovated, approx. 3 years ago. The decommissioned oil tank is still in the ground & the owner has the accompanying documents. The decommissioned oil tank is still in the ground & the owner has the accompanying documents. Building is being sold "as is". Top floor has view of the Empire State building. Better views from roof if another floor was added or converted to a roof deck. Current apt. income is $1,550 + $2,200 (both mo. to mo. tenants). Owner will not deliver apts. vacant but will deliver 1st & 2nd floors vacant. Once updated the total rent projected is $160,000 (conservatively) to $179,000 or more.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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