Price: | $249,900 | Status: | Pending |
Taxes: | $7,940 | Lot Size | 0.11 |
Great opportunity for investment property with a 9.5% cap rate! Nice office space on 1st floor to lease or run your business. Garage space can be part of the 1st floor office or rented separately. Two apartments on the 2nd floor with 2 bedrooms each. One recently remodeled. The larger unit has space on the 3rd floor and open concept floor plan with large deck overlooking the river. Extra $400/month income from the billboard on the side of the building. Take advantage of this unique property with great cash flow! Projected gross income of $46,128 with total expenses (not including mortgage) of $15,906. Current owner would consider a short term lease back on the 1st floor office space.
Listed by Andrew Kieffer of BHHS Verani Bedford.
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