Mixed-Use Income Producing Property – Strong Cash Flow with Parking
Exceptional opportunity to own a well-maintained mixed-use building generating $7,255 in monthly income ($87,060 annually). This property offers a balanced combination of residential and commercial income streams, making it ideal for both investors and owner-operators.
The building features two residential units and one commercial storefront, along with a finished basement currently utilized by the commercial tenant, providing additional usable space and value.
The first residential unit is a spacious 3-bedroom apartment generating $2,555 per month, while the second unit is a studio apartment producing $2,200 per month. The ground-floor retail store pays $2,500 per month, and also benefits from access to the finished basement for storage or operational use.
Situated on a 21 ft x 131.17 ft lot, the building footprint measures 18 ft x 55 ft, offering efficient use of space while still providing valuable rear parking for up to four cars—a highly desirable feature for both residential tenants and commercial use.
With stable income already in place, this property presents a turnkey investment opportunity with strong rental revenue and mixed-use versatility.
Property Highlights:
Mixed-use building (Residential + Retail)
Monthly Income: $7,255
Annual Income: $87,060
3 Bedroom Apartment: $2,555/month
Studio Apartment: $2,200/month
Retail Store: $2,500/month
Finished basement used by store
4-car parking in rear
Lot Size: 21 ft x 131.17 ft
Building Size: 18 ft x 55 ft
Perfect for investors seeking steady income or end-users looking to own a property with built-in revenue.
1,980 Sq Ft
2,755 Sq Ft Размер партии
коммерческий
4 297 $ Ежегодный налог
Встроенный 1940
MLS/Идентификатор объявления 966259
Construction - Brick
Cooling - Wall/window unit(s)
Heating - Baseboard
ОБЩАЯ ЕЖЕМЕСЯЧНАЯ СТОИМОСТЬ
0 $
0 $
0 $