Average square foot calculated using Size range provided by listing agent.
Description
UNICORN opportunity! 3-Unit Commercial, mixed use property composed of 2 rented residential units and 1 vacant store front. To top it all off: the property comes with ONE ACRE of land. There are no other properties on the market like this. Currently brings in $2, 300. The Store front would be an ideal barber ship, insurance office, realty, etc. Formerly store front rented for $1, 000 a month. A 30% expense default was used and resulted in NOI $19, 320. Gross Potential Income (GPI) is $27, 500 to over $35, 000 NOI by letting the store front and increasing the lower rent.Show Description
MLS® NumberR1602424
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1925
Stories2
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatGas, Forced Air
A/C
Heating Fuel
Extras
Land and Building
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