Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Lot Size: | 0.1 Acres |
Financials
Listing Courtesy of Keller Williams Realty Greater
This income generating commercial property features a double storefront on the ground floor, currently occupied by a grocery and deli, with two apartments above a two bedroom and a three ...
- View of commercial location
- View of commercial location
- View of commercial location
- View of commercial location
- View of asphalt street featuring street lights, curbs, sidewalks, and traffic signs
- View of asphalt street featuring street lights, curbs, sidewalks, and traffic signs
- View of asphalt street featuring street lights, curbs, sidewalks, and traffic signs
- View of side of property featuring a chimney
- Back of house
- Back of house
- Back of house
- View of home's exterior
- View of home's exterior
- View of home's exterior
- View of asphalt road with street lights and curbs
- View of asphalt road with street lights and curbs
- View of asphalt road with street lights and curbs
- Miscellaneous room with brick patterned floors
- View of misc room
- View of miscellaneous room
- View of miscellaneous room
- View of storage
- 23
- Utility room with electric panel
- Dining space with dark wood-style flooring and ceiling fan
- View of bedroom
- Utilities with a heating unit
- Utilities featuring gas water heater
- Bathroom with shower / bath combination with glass door and wood finished floors
- Bathroom with vanity and tile walls
- Kitchen with white appliances, dark countertops, and wood finish floors
- Kitchen featuring white appliances, healthy amount of natural light, light wood-type flooring, and dark stone counters
- Bedroom featuring a ceiling fan and cooling unit
- Bedroom featuring ceiling fan
- Staircase with wood finished floors and baseboards
- Bedroom with a paneled ceiling and cooling unit
- Bathroom featuring enclosed tub / shower combo, vanity, and tile patterned floors
- Bathroom featuring bath / shower combo with glass door and toilet
- Bedroom with a textured ceiling
- Bedroom featuring a textured ceiling and cooling unit
- Kitchen with gray cabinets, a paneled ceiling, stainless steel appliances, tasteful backsplash, and dark wood-style floors
- Utility room with gas water heater and a heating unit
- Bedroom with cooling unit
Description
This income-generating commercial property features a double storefront on the ground floor, currently occupied by a grocery and deli, with two apartments above—a two-bedroom and a three-bedroom. The building boasts a new roof with warranty, upgraded 200-amp electric, and new column supports in the basement. Situated on a corner across from new developments, with more projects underway and a new charter school just a block away, it’s in a vibrant area close to buses, schools, and the train, attracting long-term tenants. Current rents are $3,952 for the deli/grocery, $2,060 for the two-bedroom, and $2,700 for the three-bedroom, with room for increases. The basement and backyard offer additional income potential. At an asking price of $975,000, this property delivers a 7.5% cap rate with upside. Priced to sell—don’t miss out!
Amenities
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Sewer Connected
- Trash Collection Public
- Water Connected
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.
