Description
Highest Value Added Multi/Mixed Use I have seen. This is a 3-unit property with 2 large apartments, a 2 and a 3 bedroom plus the Encore Flower Shop. The property is in good condition and is available without the Flower Business which is sold separately, The Flower Shop is 1400 sq ft plus an approx 700 sq ft finished basement used for storage of arrangements. There is a 2 car garage that can be separately rented. The Apartments are large with long-term tenants.Rents are very low and do not include heat, the 2nd-floor tenant may be moving out which will help. The total shortfall in rent is over $800 per month plus tenant utilities. This can be primarily achieved in a few years.
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0BEDS
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0.23ACRES
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0BATHS
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01/2 BATHS
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3,346SQFT
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$120$/SQFT
Description
Highest Value Added Multi/Mixed Use I have seen. This is a 3-unit property with 2 large apartments, a 2 and a 3 bedroom plus the Encore Flower Shop. The property is in good condition and is available without the Flower Business which is sold separately, The Flower Shop is 1400 sq ft plus an approx 700 sq ft finished basement used for storage of arrangements. There is a 2 car garage that can be separately rented. The Apartments are large with long-term tenants.Rents are very low and do not include heat, the 2nd-floor tenant may be moving out which will help. The total shortfall in rent is over $800 per month plus tenant utilities. This can be primarily achieved in a few years.
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