Description
**Incredible Multi-Use Investment Property!** Listed at $249,000, this must-see property offers endless potential for investors and delivers a **strong cap rate of approximately 13.2%!** **Property Details:** - **First Floor:** Features a versatile commercial space, perfect for business ventures, along with a cozy one-bedroom residential unit in the rear. - **Second Floor:** Includes a spacious two-bedroom apartment, ideal for comfortable living or generating additional rental income. - **Utilities:** Equipped with separate electric meters for added convenience and ease of management. - **Rental Income:** All three units are currently rented, providing consistent income: - One- Residential : $1,450/month - One-Bedroom Apartment: $1,250/month - Commercial Unit: $700/month **Key Highlights:** - Fully rented, ensuring immediate and reliable cash flow. - Offers a blend of commercial and residential spaces, making it ideal for diverse investment strategies. - Perfect for living, working, or investing all under one roof. **Important Note:** A tenant currently resides on the property. Please be respectful and kind when scheduling viewings. Dont miss this amazing opportunity to own a multi-use property with excellent income potential. Contact us today to learn more or schedule a showing!
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Description
**Incredible Multi-Use Investment Property!** Listed at $249,000, this must-see property offers endless potential for investors and delivers a **strong cap rate of approximately 13.2%!** **Property Details:** - **First Floor:** Features a versatile commercial space, perfect for business ventures, along with a cozy one-bedroom residential unit in the rear. - **Second Floor:** Includes a spacious two-bedroom apartment, ideal for comfortable living or generating additional rental income. - **Utilities:** Equipped with separate electric meters for added convenience and ease of management. - **Rental Income:** All three units are currently rented, providing consistent income: - One- Residential : $1,450/month - One-Bedroom Apartment: $1,250/month - Commercial Unit: $700/month **Key Highlights:** - Fully rented, ensuring immediate and reliable cash flow. - Offers a blend of commercial and residential spaces, making it ideal for diverse investment strategies. - Perfect for living, working, or investing all under one roof. **Important Note:** A tenant currently resides on the property. Please be respectful and kind when scheduling viewings. Dont miss this amazing opportunity to own a multi-use property with excellent income potential. Contact us today to learn more or schedule a showing!
©2025 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 The Matt Lenza Real Estate Team | Crown Homes Real Estate. 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: 2025-01-15T23:51:00.87.