Discover a prime investment opportunity at 5651-5661 Merrick Rd. This income-producing property boasts four diverse units: an established auto repair shop, a commercial lot & outdoor storage space, a residential home consisting of 2 units & full finished basement, and professional office/retail space, all situated in a high-traffic area that ensures consistent visibility and accessibility.
The residential component of this property features a one-bedroom apartment leased at $1,200 per month and a two-bedroom apartment renting for $1,300 per month. In addition to residential income, the professional office space is currently generating $900 per month. The auto repair space contributes an impressive projected rental income of $10,000 per month, providing a substantial cash flow and enhancing the property's overall profitability.
Strategically located on high-traffic Merrick Rd, this property offers unique access to a dead-end side street from the rear, making it convenient for both clientele and delivery services. The auto repair shop stands out with its brand-new recycled oil heating system, ensuring energy efficiency and sustainability. It is equipped with two 10-foot overhead doors and four drive-on alignment lifts, catering to a high volume of repairs and inspections. This shop also holds a New York State inspection license, attracting even more customers.
Combined, these factors make 5651-5661 Merrick Rd an exceptional investment for those seeking diverse income streams in a prime location. Don’t miss out on the opportunity to own this lucrative property with outstanding potential for growth and success!
6,000 Sq Ft
0.291 Privata hektar Partistorlek
kommersiell
3 468 US$ Månadsvis skatt
MLS/Listnings-ID 987265
5661
4 Enheter
Heating - Oil
Heating - Natural Gas
Lot - Private
Lot - Level
Public Water
Public Sewer
Lot - Back Yard
Parking - Alley Access
Parkering - Uppfart
Parking - Garage
Parking - Heated Garage
Parking - Off Street
Parking - On Street
Parking - Open
Construction - Block
Construction - Brick
Construction - Frame
Tillgänglig entré
Parking - Parking Lot
Parking - Private
Parking - Storage
Parti - Rensat
Lot - Corner Lot
Lot - Cul-de-sac
Lot - Irregular Lot
TOTAL MÅNADSKOSTNAD
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