Average square foot calculated using Size range provided by listing agent.
Description
Mixed-Use Duplex in Prime Location! Live/work in the same building or generate income by renting 1 or both units. This property features a laundromat on the 1st floor & a spacious 4 bed/3 bath apartment on the 2nd floor. Residential unit was renovated 5 years ago- new electrical & C/A, which also services the laundromat office. Light wood flooring & a bright, welcoming atmosphere. The chef's kitchen has a vented range & chef-grade appliances. The primary bedroom boasts an open-concept layout, private bath, custom walk-in closet. The 2 front bedrooms have private balconies & share a full bathroom. Another bedroom & a full bathroom complete this 2, 187 sf apartment. The laundromat has approx. 35 washers/38 dryers (half of which are non-functional) & a half bath. Equipment sold as-is- great value-add potential for upgrades or conversion to another use. Additional profit centers include selling snacks/drinks, & a leased ATM that generates $0.75 per transaction. Access to a large patio, ideal for guests or potential business expansion. Large basement great for storage. Three electric meters: 1 for the apartment, 1 for the 1st floor, & 1 for laundry operations (the latter 2 are billed together). The 1st floor pays for hot & cold water for the entire building. Heat is separately metered. Situated just off a busy intersection (58th & Baltimore Ave) — excellent foot traffic & visibility. Steps from transit w/ access to major universities & hospitals.Show Description