Rare 8-property assemblage offered at a compelling below-market package price. The assemblage includes 2R-5 properties and PO-15 zoning, which allows by-right uses, including residential uses, places of worship, private schools, colleges, seminaries, dormitories, and qualifying office uses. Additional commercial uses may be available subject to applicable requirements and approvals. Current rents are $4,500/month for Unit 1, $3,350/month for Unit 2, $5,200/month for Unit 3, and $1,250/month for Unit 4. Current market rents are estimated at approximately $8,500/month for Unit 1, $3,350/month for Unit 2, $5,200/month for Unit 3, and $2,200/month for Unit 4, offering significant upside potential, particularly through the under-market rents on Units 1 and 4. The zoning flexibility adds significant value, while the primary opportunity is the exceptional package pricing.
9,372 Sq Ft
0.28 Private Acres Lot Size
commercial
$2,638 Monthly Tax
Built in 1975
MLS/Listing ID 1038797
4 Units
Cooling - Central Air
Construction - Brick
Construction - Frame
Refrigerator
Parking - Parking Lot
Lot - Front Yard
Public Sewer
Public Water
Tile
Hardwood
Carpet
Heating - Natural Gas
TOTAL MONTHLY COST
$0
$0
$0
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