227 Chandler St
$1,000,000
11
Beds
7
Baths
4,206
Sqft
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$1,000,000
11
Beds
7
Baths
4,206
Living Area
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Property Description
Located at the corner of Chandler Street and Park Avenue, this prime mixed-use property offers an exceptional investment opportunity. The first floor is currently used as a spacious church, with potential for various commercial uses. The second and third floors are successfully rented out on Airbb, generating over $200K in income. The second floor features four bedrooms and two bathrooms, while the third floor offers five bedrooms and two bathrooms, both well-maintained and furnished for maximum guest comfort. This property is ideally situated in the heart of the city, offering easy access to shops, restaurants, and public transportation. With a thriving business on the first floor and lucrative short-term rentals on the upper floors, this property presents a cash cow investment with immense potential. Whether you're an investor or entrepreneur, this versatile property is a fantastic opportunity to generate income in a high demand location
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1912
- Parking Spots: 4
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 22
- Status: Active
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Additional Details
- Basement: Full, Bulkhead
- Flooring: Wood, Tile, Vinyl, Varies
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Construction: Stone
- Foundation: Stone
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Mg-1
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Amenities
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: 110 Volts, Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $431,900
- Taxes: $5,696
- Tax Year: 2025
- Total Rent: $16,600
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Listing information provided courtesy of eXp Realty.
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