Welcome to this exceptional mixed-use property, offering a versatile combination of medical and residential spaces across three levels. This brick construction corner property has a built-in garage and handicap platform elevator for 2 separate medical offices.
Street Level has a busy podiatrist office, in business for the past 16 years, including an office space with five exam rooms,1.5 baths, a reception area, utilities room and storage.
The first floor of this property features a recently renovated and currently vacant doctor's office, boasting a spacious layout designed to accommodate any medical practice needs. This well-appointed space includes five exam rooms, alongside convenient amenities such as 1.5 baths, a spacious reception area, kitchen and ample built-in storage space in the attic.
On the top floor, you'll discover a huge three-bedroom one-bathroom residential unit, providing immediate rental income, making it an attractive option for investors seeking to diversify their portfolio with residential real estate.
The building was completely rebuilt with a new certificate of occupancy in 2005. Within the past 2 years the following house improvements were done: installation of new roof, new sewer and water main line, masonry stone porches and iron rod fence. Separate utilities with separate meters for gas and electric for all 3 units make it more profitable for the owner.
Projected net income almost 100K a year that makes it almost 6% cap!
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Price Changed | $1,488,000 -6.88% | $329 | RE/MAX Edge | |
Price Changed | $1,598,000 -5.89% | $353 | RE/MAX Edge | |
Listed For Sale | $1,698,000 | $375 | RE/MAX Edge |
Elementary School Ps 177 The Marlboro | 0.2 miles away | PK - 05 | |
Elementary School Ps 247 | 0.5 miles away | PK - 05 | |
Elementary School Ps 205 Clarion | 0.6 miles away | PK - 05 |