Rarely offered, fully renovated 4-unit mixed-use property with long-term residential and commercial tenants. This property boasts modern amenities with high-quality finishes throughout! This fully sprinklered building features three upscale 1-bedroom, 1-bath apartments and a long-term medical tenant on the ground floor, ensuring steady rental income. Key Investment Highlights: 2714; Strong… Read More 8.1% Cap Rate - High-yield, income-producing asset 2714; Tax Abatement - 1 Year Remaining 2714; 100% Occupancy with Cash Flow - Long-term residential & commercial tenants 2714; Turnkey Condition - Low-maintenance, modern construction 2714; High-Demand Location - Steps from Aramingo Ave, I-95, transit, and retail hubs 2714; Quality Upgrades - Tankless water heaters, sliding glass shower doors, central air, LED lighting, granite countertops, tile flooring, stainless steel appliances 2714; Fire & Safety Compliance - Fire alarm monitoring & annual system maintenance 2714; Transferrable Roof Warranty - Added long-term value This prime investment property offers a rare opportunity to acquire a stabilized, low-maintenance asset in a rapidly growing area. Perfect for 1031 exchange and portfolio investors! Location Perks: Close to public transportation, restaurants, retailers, hospitals, schools, parks, fitness centers, I-95, and just minutes from downtown. Don't miss this highly desirable, fully occupied asset The property generates an annual rent of $84,000 and is separately metered for electricity. This property offers a lot, including streamlined rental payments, secure waste management, and maintenance services. Don't miss out on this income-generating gem! Read Less
Courtesy of Sokhoung Choing, Red Door Real Estate 855-733-1341
Listing Snapshot
Days Online
11
Last Updated
Property Type
Commercial
Square Ft.
3,948
Lot Size
0.05 Acres
Year Built
1920
MLS Number
PAPH2637228
Additional Details
Building
Built in 1920, Built in 2018 (effective), 2 stories, Entry level: 1, Construction Materials: Masonry
Cooling
Central A/C
Accessibility Features
Doors - Swing In
Energy Saving
Energy Efficiency: Lighting
Floors
Ceramic Tile, Laminate Plank
Foundation
Slab
Heating
Central
Income
Net Operating Income: $68,496.8
Lot
0.05 acres, Dimensions: 50.00 x 42.00
Property
Excellent, City
Roof
Flat, Rubber
Security Features
Exterior Cameras, Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor, Window Grills
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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