512 Lyell Ave

Once in a lifetime opportunity! 5,500+ SF brick building consisting of 4 apartments on the 2nd floor and STUDIO IN the first floor was previously used as a fully operational laundromat. All laundromat equipment is included! Building is in excellent condition with many functional upgrades such as newer electric service and newer tank-less hot water heaters, making the utility costs surprisingly low for the potential laundromat business. 4 apartments consist of 3 - 1 bedroom units RENT $700 and 1 - 2 bedroom unit RENT $900.STUDIO RENT $650 New C of O from 2023. You wont find a better opportunity to own a true CASH COW! BUILDING TOTAL MONTHLY RENT $3650 WITH VACANT COMMERCILA SPACE THAT WAS RENTED FOR $1200 AND BILLBOARD BRINGS $1500 A YEAR