Description
Opportunity abounds at this mixed use residential/commercial building on York Road. This three unit offers a street level commercial space with a long term tenant paying $1045 monthly. The upper two apartments historically have rented for $1200 each. Just recently vacated, these units offer the potential for owner occupancy with rental income to offset the mortgage, or rent all three for substantial cash flow @$3445 monthly/$41,340 annually. The unit mix is comprised of the retail space, a one bedroom unit and a two bedroom unit. Interior finishes reflect a 2022 renovation and include engineered flooring, stainless appliances, new cabinets, updated bathrooms, lighting, roof and all systems. A rear parking pad accommodates two cars. For an owner occupant THIS LOAN IS ASSUMABLE AT 2.75% thru M&T Bank. For investors, the neighboring mixed use building is also on the market and could create an economy of scale as you add 6 total units to your portfolio.
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
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2,930SQFT
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$102$/SQFT
Description
Opportunity abounds at this mixed use residential/commercial building on York Road. This three unit offers a street level commercial space with a long term tenant paying $1045 monthly. The upper two apartments historically have rented for $1200 each. Just recently vacated, these units offer the potential for owner occupancy with rental income to offset the mortgage, or rent all three for substantial cash flow @$3445 monthly/$41,340 annually. The unit mix is comprised of the retail space, a one bedroom unit and a two bedroom unit. Interior finishes reflect a 2022 renovation and include engineered flooring, stainless appliances, new cabinets, updated bathrooms, lighting, roof and all systems. A rear parking pad accommodates two cars. For an owner occupant THIS LOAN IS ASSUMABLE AT 2.75% thru M&T Bank. For investors, the neighboring mixed use building is also on the market and could create an economy of scale as you add 6 total units to your portfolio.
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