The building's 1st floor is currently occupied by an active grocery store which pays $1000 a month and has a 5 year lease. The 2nd and 3d floor have 2 two bedroom apartments. The one that is currently vacant on the 2nd floor is 5 rooms, 2 or 3 bedrooms and needs some work. There is also a detached stand alone 750 square foot concrete garage or warehouse on the property. With the building fully rented, including the garage, this property should generate $42,000 in annual income. It very likely will not qualify for traditional bank financing. The owner is looking for a cash buyer and the property is being sold in "AS-IS" condition.
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.
