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Key Facts

Type Commercial
Levels Residential Income
Size 8242 sqft
Garage No
Maintenance Fees 
Taxes $11,799
Days Active 27
Approx. Age 1960
Avg. Price Per Sqft $77
MLS® Number S1619581

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity in the heart of Central Square! This well-maintained 8-unit mixed-use building features 7 fully rented residential apartments and 1 commercial space currently operating as a barbershop. Ideally located just half a mile from Central Square High School, this property offers consistent rental demand and visibility for the commercial tenant. The property includes a massive parking lot that easily accommodates both residential and commercial needs—ideal for tenants and customers alike. The front building is protected by a durable metal roof, while the rear structure has a traditional asphalt roof, both in solid condition. With a 9% capitalization rate, this asset provides strong, immediate cash flow and room for long-term appreciation. Even with under market rents. Whether you’re a seasoned investor or looking to expand your portfolio with a solid income-producing property, this building offers a blend of stability and upside in a growing area.Show Description
MLS® NumberS1619581
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorSee Remarks
GarageNo
Approx. Age1960
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric, Gas, Baseboard, Forced Air
A/C
Heating Fuel

Extras

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