An attractive 6-unit building consisting of 3 commercial spaces & 3 residential units. The beauty salon business is also included as a bonus as the seller/owner is retiring. A viable business since 1979. It has 1,073 SF & market rent of $5000/mth gross. Two other commercial spaces were added at the rear of the salon in 1987 but have been rented as Airbnb. Apt #4 is a fully furnished modern 1 BDRM unit of approx 520 S.F w/6 appliances & market rent of $1800/mth all-inclusive. Apt #5, a modern and bright 2-storey loft style apt, approx 700 SF w/2 floors of windows, 2 skylights, 6 appliances & w/a market rent of $2000/mth all-inclusive. The 3 residential Apts are all 1 Bdrm and 2 have balconies. Apt #1 rented @ $1600/mth & Apt #2 and #3 at $1366/mth. There's 1 hot water boiler for the main building & a forced air furnace (2017) for the two rear GRND floor units. The electrical has been upgraded to a 400 amp service. 3 car parking in tandem. With 25% down VTB 1st mortgage at 8%. (id:47421)
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Detailed Information
Lot
33 x 100 ft
Listing Contract Date
2024-04-19
Management Company
SELF-MANAGED -
Municipal ID
042150259
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
MD2 S72 Mixed-Use
Building
Constructed Date
1885
Cooling Type
Central air conditioning
Exterior Finish
Brick, Stucco
Foundation Type
Block, Stone
Heating Fuel
Natural gas
Heating Type
Forced air, Hot water radiator heat
Stories Total
3
Utility Water
Municipal water
Land
Total Size
33 ft X 100 ft
Sewer
Municipal sewage system
Size of Irregular Land
33 ft X 100 ft
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