$1,500,000
10
Beds
10/3
Baths
9,362
Living Area
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Property Description
This is a fantastic chance to finish developing a 13-unit mixed-use building with 3 commercial storefronts and 10 residential. A significant portion of the heavy lifting is already completed, this property is poised for its next phase of growth. Finish the “in-progress” renovation of 3 residential units, fill the 3 other vacancies and this building will be set to generate steady income. With large 1-bedroom units and nearby public transportation, these downtown units will be in high demand. Recent upgrades include; new cement board siding, trim, paneling, select windows, new hot water systems for the entire building, new heating systems, roof repairs, removed the chimney and completely updated the common area with exterior doors, lighting, new flooring and new sheetrock for an open and modern feel. This is a great building, just about set to be a lifelong investment that will allow you to benefit from the value added and the continued appreciation of a sought-after and growing market
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Highlights
- Levels: 5
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 35
- Status: Closed
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Basement: Full, Interior Entry, Unfinished
- Flooring: Tile, Hardwood
- Lot Features: Other
- Roof: Shingle, Slate
- Total Number of Units: 13
- Year Built Source: Public Records
- Construction: Frame, Stone
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate, Under Construction
- Zoning: Cc
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Amenities
- Community Features: Public Transportation, T-Station
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,506,800
- Taxes: $18,167
- Tax Year: 2024
- Total Rent: $7,850
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Listing information provided courtesy of eXp Realty.
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