$1,588,000
11,242
Living Area
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Property Description
Investor Opportunity! This prime income-generating property features a 24-room updated rooming house with six shared kitchens and bathrooms. Additionally, the property includes three commercial storefronts, with a property management company and convenience store on-site. A full basement offers a maintenance area, while on-site amenities include parking, greenspace, and dry container storage. A 40-foot scissor lift adds to the property’s versatility. An additional parcel in the rear provides the potential for expanded parking. Recent upgrades include a new sprinkler system and full fire code compliance as of January 2024, as well as new water service installed the same year. The entire building is equipped with landlord-controlled thermostats, ensuring efficiency and ease of management. Located near Clasky Park and the T-station access bridge. On-site Property Management Company. The seller is willing to hold a 10% note, making this an exceptional investment!
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Highlights
- Parking Spots: 3
- Year Built: 1896
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Zoning: Rb
- Zoning Description: Other (See Remarks)
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Fees / Taxes
- Tax Year: 2025
- Taxes: $9,329
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