Description
Priced to sell! Completely remodeled & occupied building, with a ground-floor commercial space and (2) 2 bedroom apartments above. Commercial Space is occupied by restaurant tenant at $5,500 NNN lease through 2028, with a 3% annual increase (starting in beginning of 2024) & option to renew. Apartments are currently rented at $1,550 each. Leases available upon request. Building is grossing $8,600 monthly, $103,200 annually. VERY minimal/low taxes & expenses. Located in a QOZ. Contact listing agent for more information & to schedule a showing.
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
Description
Priced to sell! Completely remodeled & occupied building, with a ground-floor commercial space and (2) 2 bedroom apartments above. Commercial Space is occupied by restaurant tenant at $5,500 NNN lease through 2028, with a 3% annual increase (starting in beginning of 2024) & option to renew. Apartments are currently rented at $1,550 each. Leases available upon request. Building is grossing $8,600 monthly, $103,200 annually. VERY minimal/low taxes & expenses. Located in a QOZ. Contact listing agent for more information & to schedule a showing.
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-11-30T10:55:19.407.