Description
This fully rented property in Elmwood Place features a large retail space on the first level with 3 residential apartments above. With B-2 zoning and a diversified unit mix, this property is a money maker! The new lessee in the commercial space is an established nail salon having just relocated to this building. The apartments on the upper level have many updates and offer a solid income stream. The large basement with private owner access allows for storage or consider renting to tenants and other consumers. The apartment units have a great mix with 1 efficiency, 1 two bed and 1 three bed unit, all with solid rents. Tenants pay separate utilities including heat while the owner is responsible for water. Start cash flow on day one of your ownership with this solid investment!
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5BEDS
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0.07ACRES
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5BATHS
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01/2 BATHS
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5,343SQFT
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$69$/SQFT
Description
This fully rented property in Elmwood Place features a large retail space on the first level with 3 residential apartments above. With B-2 zoning and a diversified unit mix, this property is a money maker! The new lessee in the commercial space is an established nail salon having just relocated to this building. The apartments on the upper level have many updates and offer a solid income stream. The large basement with private owner access allows for storage or consider renting to tenants and other consumers. The apartment units have a great mix with 1 efficiency, 1 two bed and 1 three bed unit, all with solid rents. Tenants pay separate utilities including heat while the owner is responsible for water. Start cash flow on day one of your ownership with this solid investment!
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Data last updated 2025-05-14T10:13:54.51.