Property
Ownership: | For Sale |
---|---|
Type: | Unknown |
Bedrooms: | 6 BR |
Bathrooms: | 4 |
Pets: | Pets No |
Financials
Listing Courtesy of Realty Executives Today
DescriptionFor Sale: 58-34 & 58-36 Catalpa Avenue – Mixed-Use Investment Property with Strong Upside. Both Building Together priced at $3,175,000.
An excellent opportunity to acquire two mixed-use buildings situated on a single lot in a desirable location. Located at 5834 and 5836 Catalpa Avenue, this property features a total of four residential units and a commercial space currently operated as a funeral home. Each building offers three stories plus a fully finished basement, maximizing usable space and income potential.
Property Overview:
Lot includes two attached buildings
Each building has:
Three stories + full finished basement
Ground Floor & Basement: Combined commercial use (Funeral Home – approx. 2,200 sq ft)
Second Floor: Two 3-bedroom, 1-bath apartments (one per building)
Third Floor: Two additional 3-bedroom, 1-bath apartments (one per building)
Basement: Finished and utilized as part of the funeral home
Current Income:
Commercial Tenant (Funeral Home):$6,000/month Lease expires January 2026
Residential Units:Three units rented with a total of $5,550/month
One unit currently vacant
Total Current Income: $11,550/month
Potential Rental Income:
Commercial Space (Funeral Home): Estimated market rent: $8,000/month
Four 3-Bedroom Apartments: Estimated total market rent: $13,200/month
(~$3,300/month per unit)
Total Potential Income: $21,200/month
This property offers immediate income with significant upside through leasing the vacant unit and adjusting below-market rents upon turnover. Ideal for investors seeking a value-add opportunity with stable tenancy and flexible future use.Amenities- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Other
- Sewer Available
- Water Available
For Sale: 58-34 & 58-36 Catalpa Avenue – Mixed-Use Investment Property with Strong Upside. Both Building Together priced at $3,175,000.
An excellent opportunity to acquire two mixed-use buildings situated on a single lot in a desirable location. Located at 5834 and 5836 Catalpa Avenue, this property features a total of four residential units and a commercial space currently operated as a funeral home. Each building offers three stories plus a fully finished basement, maximizing usable space and income potential.
Property Overview:
Lot includes two attached buildings
Each building has:
Three stories + full finished basement
Ground Floor & Basement: Combined commercial use (Funeral Home – approx. 2,200 sq ft)
Second Floor: Two 3-bedroom, 1-bath apartments (one per building)
Third Floor: Two additional 3-bedroom, 1-bath apartments (one per building)
Basement: Finished and utilized as part of the funeral home
Current Income:
Commercial Tenant (Funeral Home):$6,000/month Lease expires January 2026
Residential Units:Three units rented with a total of $5,550/month
One unit currently vacant
Total Current Income: $11,550/month
Potential Rental Income:
Commercial Space (Funeral Home): Estimated market rent: $8,000/month
Four 3-Bedroom Apartments: Estimated total market rent: $13,200/month
(~$3,300/month per unit)
Total Potential Income: $21,200/month
This property offers immediate income with significant upside through leasing the vacant unit and adjusting below-market rents upon turnover. Ideal for investors seeking a value-add opportunity with stable tenancy and flexible future use.
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Other
- Sewer Available
- Water Available
For Sale 58 34 amp ; 58 36 Catalpa Avenue Mixed Use Investment Property with Strong Upside.

- View of property featuring cooling unit
- Home theater room with wood finished floors, wooden walls, and a wall mounted air conditioner
- Home theater room with wood finished floors, wooden walls, and a wall mounted air conditioner
- Miscellaneous room with carpet and wooden walls
- Dining area with wood finished floors, a desk, and a drop ceiling
- Office area featuring light wood-style flooring, wood walls, and a drop ceiling
- Below grade area with washer / dryer, light tile patterned floors, and a textured ceiling
- Office area featuring light wood-style flooring, wood walls, and a drop ceiling
- Office featuring wood walls, light wood-style floors, plenty of natural light, and a drop ceiling
- Dining room featuring a chandelier, light wood-type flooring, and recessed lighting
- Dining area featuring a chandelier, light wood-style floors, and recessed lighting
- Office area featuring crown molding and wood finished floors
- Bedroom featuring light wood-style flooring, ornamental molding, and ceiling fan
- Bedroom featuring ornamental molding and light wood finished floors
- Living area with a ceiling fan, wood finished floors, and ornamental molding
- Kitchen featuring stainless steel appliances, brown cabinets, tasteful backsplash, light tile patterned floors, and light countertops
- Workout area featuring an AC wall unit, wood finished floors, and a ceiling fan
- Bedroom featuring light wood-style floors and ceiling fan
- Bedroom with radiator and light wood-style flooring
- View of miscellaneous room
- Living room with wood finished floors, ceiling fan, a barn door, and cooling unit
- Office space with wood finished floors
- Spacious closet featuring wood finished floors and a ceiling fan
- Bedroom featuring radiator, cooling unit, wood finished floors, and crown molding
- Bedroom featuring dark wood-style floors, radiator, and cooling unit
- Kitchen with freestanding refrigerator, black range with gas stovetop, dark wood-style floors, dark countertops, and an ornate ceiling
- Bathroom with tile walls, vanity, wainscoting, and a shower with curtain
- Bathroom featuring tile walls, vanity, a shower with curtain, and wainscoting
- View of patio / terrace featuring a storage unit
- 30
- View of asphalt street featuring curbs, street lighting, and sidewalks
DescriptionFor Sale: 58-34 & 58-36 Catalpa Avenue – Mixed-Use Investment Property with Strong Upside. Both Building Together priced at $3,175,000.
An excellent opportunity to acquire two mixed-use buildings situated on a single lot in a desirable location. Located at 5834 and 5836 Catalpa Avenue, this property features a total of four residential units and a commercial space currently operated as a funeral home. Each building offers three stories plus a fully finished basement, maximizing usable space and income potential.
Property Overview:
Lot includes two attached buildings
Each building has:
Three stories + full finished basement
Ground Floor & Basement: Combined commercial use (Funeral Home – approx. 2,200 sq ft)
Second Floor: Two 3-bedroom, 1-bath apartments (one per building)
Third Floor: Two additional 3-bedroom, 1-bath apartments (one per building)
Basement: Finished and utilized as part of the funeral home
Current Income:
Commercial Tenant (Funeral Home):$6,000/month Lease expires January 2026
Residential Units:Three units rented with a total of $5,550/month
One unit currently vacant
Total Current Income: $11,550/month
Potential Rental Income:
Commercial Space (Funeral Home): Estimated market rent: $8,000/month
Four 3-Bedroom Apartments: Estimated total market rent: $13,200/month
(~$3,300/month per unit)
Total Potential Income: $21,200/month
This property offers immediate income with significant upside through leasing the vacant unit and adjusting below-market rents upon turnover. Ideal for investors seeking a value-add opportunity with stable tenancy and flexible future use.Amenities- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Other
- Sewer Available
- Water Available
For Sale: 58-34 & 58-36 Catalpa Avenue – Mixed-Use Investment Property with Strong Upside. Both Building Together priced at $3,175,000.
An excellent opportunity to acquire two mixed-use buildings situated on a single lot in a desirable location. Located at 5834 and 5836 Catalpa Avenue, this property features a total of four residential units and a commercial space currently operated as a funeral home. Each building offers three stories plus a fully finished basement, maximizing usable space and income potential.
Property Overview:
Lot includes two attached buildings
Each building has:
Three stories + full finished basement
Ground Floor & Basement: Combined commercial use (Funeral Home – approx. 2,200 sq ft)
Second Floor: Two 3-bedroom, 1-bath apartments (one per building)
Third Floor: Two additional 3-bedroom, 1-bath apartments (one per building)
Basement: Finished and utilized as part of the funeral home
Current Income:
Commercial Tenant (Funeral Home):$6,000/month Lease expires January 2026
Residential Units:Three units rented with a total of $5,550/month
One unit currently vacant
Total Current Income: $11,550/month
Potential Rental Income:
Commercial Space (Funeral Home): Estimated market rent: $8,000/month
Four 3-Bedroom Apartments: Estimated total market rent: $13,200/month
(~$3,300/month per unit)
Total Potential Income: $21,200/month
This property offers immediate income with significant upside through leasing the vacant unit and adjusting below-market rents upon turnover. Ideal for investors seeking a value-add opportunity with stable tenancy and flexible future use.
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Other
- Sewer Available
- Water Available

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.