Description
This turnkey mixed-use property generates $3,700 per month in gross rent. The 4 units consist of 2 apartments (rented for 825 and 950), a barber shop (rented for $800) and a grocery store (rented for $1,126). All units are separately metered and tenants are responsible for their own gas/electricity. One of the apartment tenants just moved in but the other tenants have all occupied the building for 7+ years and the commercial tenants are on leases until 2027. Maintenance is minimal, with several key upgrades including new roof, all new plumbing, new electrical, vinyl siding, and long-term well-established tenants who are all current on rent and wish to stay. This property can be sold together with 744 Park Ave and/or 413 Richmond Ave. DO NOT APPROACH OR DISTURB TENANTS and/or BUSINESS EMPLOYEES.
Location
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Courtesy of: Acropolis Realty Group LLC All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Signature Real Estate Services shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2022 GENRIS. All rights reserved Updated: 21st March, 2023 6:47 AM (UTC)
