BACK ON MARKET – MIXED-USE INVESTMENT OPPORTUNITY! Solid brick 4-unit property offering strong residential and commercial income. Commercial space consists of a 2,000+ sq. ft. dance studio with a long-term tenant of approximately 39 years and lease through 2029. Three residential units include two 2-bedroom units and one 3-bedroom unit with office/den. Residential units are Section 8 with delead certificates in hand. Currently operating at approximately an 8% cap rate. Common laundry and 3 off-street parking spaces. Excellent cash flow, established tenants and multiple income streams make this a solid addition to an investor’s portfolio. All financials, leases, and lead certs available after accepted offer.
Property Features
Cooling Information
None
Wall Unit(s)
Ceiling Fan(s)
Heating Information
Natural Gas
Baseboard
Zoned
Water Features
Public
House Interior
Ceiling Fan(s)
Fire Place
Wood Burning
Listing Courtesy: Trinity Real Estate - 781-231-9800