Description
Great Investment opportunity or 1031 exchange in the heart of one of the Best neighborhoods of the city, in Queen Village!A well-maintained mixed use (CMX) corner bricked building is perfect for everyone is looking for a great cap rate of 6% and stable long term income investment property.All units are tenants occupied/fully leased and produce income from the day One!The building is composed of 5 total units, 4 Residential & 1 Restaurant.Specifically:1st floor commercial space is used as a luncheonette and includes a spacy fully equipped kitchen and a sitting area. 1st floor One Bedroom apartment has a separate entrance, and it is rented with a parking space (that is a part of the building too).2nd floor has one (1) modern and capacious studio.2nd floor has one (1) modern and capacious studio.The top unit is a spacious and tasteful/high-toned 2 Bedroom/1 Bathroom apartment!24 to 48 Hour Notice is requested, because all the units are occupied!Please call for financial details and beautiful pictures.
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
Description
Great Investment opportunity or 1031 exchange in the heart of one of the Best neighborhoods of the city, in Queen Village!A well-maintained mixed use (CMX) corner bricked building is perfect for everyone is looking for a great cap rate of 6% and stable long term income investment property.All units are tenants occupied/fully leased and produce income from the day One!The building is composed of 5 total units, 4 Residential & 1 Restaurant.Specifically:1st floor commercial space is used as a luncheonette and includes a spacy fully equipped kitchen and a sitting area. 1st floor One Bedroom apartment has a separate entrance, and it is rented with a parking space (that is a part of the building too).2nd floor has one (1) modern and capacious studio.2nd floor has one (1) modern and capacious studio.The top unit is a spacious and tasteful/high-toned 2 Bedroom/1 Bathroom apartment!24 to 48 Hour Notice is requested, because all the units are occupied!Please call for financial details and beautiful pictures.
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