Great opportunity to own a solid 5-unit mixed-use building with 3 residential apartments and 2 commercial storefronts. The two storefront spaces each rent for $700 per month both will be increased to $900 starting March 1st, and the residential units are rented at $1,030 for unit #1, $1,100 for unit #2, and $1,245 unit #3 with annual gross rents at $57,300.. All 5 units have separate gas heat. The electric is separated except for unit #1 is on owners meter. Major improvements have been made within the last 4 years including updating unit 2 and 3, new roof and new store fronts. This is a great property to add to your investment portfolio offering a strong, diversified income stream from both residential and commercial units making it an attractive addition to any portfolio.
Sold for $512,000
Zillow last checked:
Listing updated:
Bought with:
Bob Swayne Jr, SB065354
Bob Swayne Real Estate
Source: Bright MLS,MLS#: PALN2024488
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Sold | $512,000$132/sqft |
Source:  Bright MLS #PALN2024488 Report a problem | ||
| 3/2/2026 | Pending sale | $512,000+0.4%$132/sqft |
Source: Bright MLS #PALN2024488 Report a problem | ||
| 2/3/2026 | Listed for sale | $510,000+17.2%$131/sqft |
Source: Bright MLS #PALN2024488 Report a problem | ||
| 12/5/2022 | Sold | $435,000+107.1%$112/sqft |
Source: Public Record Report a problem | ||
| 11/17/2021 | Sold | $210,000+15.4%$54/sqft |
Source: Public Record Report a problem | ||
| 9/5/2013 | Sold | $181,900$47/sqft |
Source: Public Record Report a problem | ||
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$505,400
2% more
+$10,108
With Zillow Showcase(estimated)
$515,508
