Large Opportunity Awaits! Good Cash flow and being sold together with 455 Bond allowing for long term construction of a large apartment building. 463 bond street east is currently a 5 plex consisting of 2 commercial units, 2 res apts above, 1 basement apartment with potential to add another. Recent vacancy of units provides tremendous upside for cash flow. average expenses 28k, estimated income 97k (inquire for finance sheet) PSC-A zoning allowing for a wide range of uses retail to residential. PSC zoning allows for large apartment building with no inherit story cap, generous set backs allowing for large redevelopment of the site. Potential to purchase rear hydro easement allowing second street access to the site. (id:47421)
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Detailed Information
Lot
50 x 130.33 ft
Listing Contract Date
2025-01-14
Location Description
Bond St E. & Cadillac Ave N
Property Type
Retail
Transaction Type
For sale
Zoning Description
PSC-A, R5-B
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Utility Water
Municipal water
Land
Total Size
50 x 130.34 FT
Size of Irregular Land
50 x 130.34 FT
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