Back in the market with huge price reduction this is your opportunity to own this mix use income producing property.Rent in this area for the same size 2beds and 2baths can range from$2500-$3100 per unit. Currently Both units are rented.Unit one is rented for $2,500( lease is about to expire either tenant will renew or new tenant can be placed for additional 2% rent which is $2,550United two just signed a lease for 2550 new lease as of June ,2020In addition there is a restaurant space on main level that can be rented for $5,000 buyer is responsible for any restaurant permits this property is sold as a mix usedN-14 Zoning Description:Mix use Residential & Commercial. Combined income you can generate $61,200 on the two units rentals and $60,000 on restaurant annually combined income you are looking at $121,200 annually for both restaurant space and the apartment space.Owner expense tax,water,trash removal and upkeep of property. Tenant is responsible for Electric and Gas it is separate meter *Due to corona virus when showing this property practice social distancing wear protective mask*
|Price Reduced from $1,900,000 to $1,825,000||$75,000 (3.95%)|
|Status Changed from Active Under Contract to Active||–|
|Status Changed from Active to Active Under Contract||–|
|Price Increased from $1,895,000 to $1,900,000||$5,000 (0.26%)|
|Price Reduced from $1,900,000 to $1,895,000||$5,000 (0.26%)|
|Show More (1)|
|Price Reduced from $2,000,000 to $1,900,000||$100,000 (5.00%)|
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Listing information last updated on July 14th, 2020 at 12:51am EDT.