***FULLY OCCUPIED***24 hours notice for showings. Price reflects 8.43% CAP RATE. This double-lot commercial property is great for anyone looking to generate income. Two apartments on the 2nd & 3rd level and a restaurant on the 1st level. Both residential units are newly renovated, upscale, and are rarely vacant. Apartment A = 1 bedroom with 1.5 bathrooms. Apartment B = 2 bedrooms with 2 full bathrooms. The retail space features a restaurant with a full kitchen, large hood system, bar, dining area, and small grocery area. Tenant currently holds a Beer & Wine - Tavern Liqour License. All units separately metered. Current NOI is $84,200, with annual rental increases on retail. Contact Cody Chamberlain (showing agent) for additional information.
2,031 Sq Ft Lot Size
commercial
$655 Monthly Tax
Built in 1920
MLS/Listing ID MDBA2217108
3 Units
Public Water
Construction - Brick
Cooling - Central Air
Heating - Natural Gas
TOTAL MONTHLY COST
$0
$0
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