Description
3 E Mantua Ave in Wenonah Is a mixed use property that offers one commercial storefront, and three residential apartments. Recent upgrades include. A new roof installed July of 2024 a new top coat of asphalt for the parking lot, exterior paint, common area stairwell redone and upgrade and one of the units was recently renovated. Each unit is forced air heat with window units for A/C.. All hot water heaters were replaced 7 years ago and are in good working order. The building has been meticulously maintained throughout the years. Currents rents are as follows, Unit 1 (storefront) pays $1,600 Per month, one year left on current lease with a 3 year option to extend. Unit 2 ( 2 bedroom) pays $1,000 per month on a month to month lease. Unit 3 (1 bedroom) was just recently renovated and pays $1,300 per month. There lease ends Jan 2026. Unit 4 (1 bedroom) pays $1000 per month, Month to month. the landlord pays for the Taxes, Water, Sewer & Gas. Tenets Pay electric. 2024 expenses totaled $22,500 giving this property an NOI of $36,300. This building is in a great location located in the historical part of Wenonah
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Description
3 E Mantua Ave in Wenonah Is a mixed use property that offers one commercial storefront, and three residential apartments. Recent upgrades include. A new roof installed July of 2024 a new top coat of asphalt for the parking lot, exterior paint, common area stairwell redone and upgrade and one of the units was recently renovated. Each unit is forced air heat with window units for A/C.. All hot water heaters were replaced 7 years ago and are in good working order. The building has been meticulously maintained throughout the years. Currents rents are as follows, Unit 1 (storefront) pays $1,600 Per month, one year left on current lease with a 3 year option to extend. Unit 2 ( 2 bedroom) pays $1,000 per month on a month to month lease. Unit 3 (1 bedroom) was just recently renovated and pays $1,300 per month. There lease ends Jan 2026. Unit 4 (1 bedroom) pays $1000 per month, Month to month. the landlord pays for the Taxes, Water, Sewer & Gas. Tenets Pay electric. 2024 expenses totaled $22,500 giving this property an NOI of $36,300. This building is in a great location located in the historical part of Wenonah
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