This Historic Building was built between 1912 and 1913 and is referred to as the Iona Mansions historically and locally referred to as The Angel Building. This very well maintained property is a 3 story walk up with 11 residential units, 4 bachelors and 7 one bedroom units which are all occupied. There is coin operated laundry for the residential tenants. There are also 4 fully leased retail units on the main floor. All retail leases are at least 5 years duration. There have been many upgrades to the property since the current owner purchased the building in 2003 including all new windows, updated electrical and heating system (steam boiler), fire escape, and plumbing stacks. This is a great investment opportunity. Please ensure to provide 24 hour notice for all showings and 24 hour Irrevocable for all offers as per form 244. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
60 x 85 ft
Listing Contract Date
2023-10-18
Management Company
Domicile Developments -
Municipal ID
040950044
Ownership Type
Freehold
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
TM11, UNASSIGNED
Building
Constructed Date
1912
Exterior Finish
Brick, Siding, Stucco
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Steam radiator
Stories Total
3
Utility Water
Municipal water
Land
Total Size
60 ft X 85 ft (Irregular Lot)
Sewer
Municipal sewage system
Size of Irregular Land
60 ft X 85 ft (Irregular Lot)
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