Description
Welcome to this mixed-use 10-unit building"a rare investment opportunity bursting with potential!With the groundwork already underway, this property has been cleaned out from its original state, and studs have been erected according to engineering plans, setting the stage for a seamless transformation. Boasting the ability to generate between $90,000 and $110,000 annually, it features eight office spaces and two residential units, making it a highly versatile investment.Alternatively, you have the potential to change the property to 4 residential units under local zoning laws. Or if you're ready to work with the state, you can bring the property into full compliance with residential standards and transform it into a 7- or 8-unit residential building for even more effortless yearly income potential.Whether you're planning a tailored renovation or a complete residential conversion, this gem is ready to shine.Dont miss this opportunity to unlock its full earning potential and make it the crown jewel of your portfolio!"
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0BEDS
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0.29ACRES
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0BATHS
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01/2 BATHS
Description
Welcome to this mixed-use 10-unit building"a rare investment opportunity bursting with potential!With the groundwork already underway, this property has been cleaned out from its original state, and studs have been erected according to engineering plans, setting the stage for a seamless transformation. Boasting the ability to generate between $90,000 and $110,000 annually, it features eight office spaces and two residential units, making it a highly versatile investment.Alternatively, you have the potential to change the property to 4 residential units under local zoning laws. Or if you're ready to work with the state, you can bring the property into full compliance with residential standards and transform it into a 7- or 8-unit residential building for even more effortless yearly income potential.Whether you're planning a tailored renovation or a complete residential conversion, this gem is ready to shine.Dont miss this opportunity to unlock its full earning potential and make it the crown jewel of your portfolio!"
©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-03T23:50:33.863.