**Incredible Multi-Use Investment Property!** Listed at $249,000, this must-see property offers endless potential for investors and delivers a **strong cap rate of approximately 13.2%!** **Property Details:** - **First Floor:** Features a versatile commercial space, perfect for business ventures, along with a cozy one-bedroom residential unit in the rear. - **Second Floor:** Includes a spacious two-bedroom apartment, ideal for comfortable living or generating additional rental income. - **Utilities:** Equipped with separate electric meters for added convenience and ease of management. - **Rental Income:** All three units are currently rented, providing consistent income: - One- Residential : $1,450/month - One-Bedroom Apartment: $1,250/month - Commercial Unit: $700/month **Key Highlights:** - Fully rented, ensuring immediate and reliable cash flow. - Offers a blend of commercial and residential spaces, making it ideal for diverse investment strategies. - Perfect for living, working, or investing all under one roof. **Important Note:** A tenant currently resides on the property. Please be respectful and kind when scheduling viewings. Don’t miss this amazing opportunity to own a multi-use property with excellent income potential. Contact us today to learn more or schedule a showing!
Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Under Ground
Keller Williams Realty - Cherry Hill
Date | Details | Price | Change |
---|---|---|---|
Price Reduced | $249,000 | $26,000 (9.45%) | |
Price Reduced | $275,000 | $20,000 (6.78%) | |
Price Increased (from $240,000) | $295,000 | $55,000 (22.92%) |
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Listing information last updated on February 1st, 2025 at 11:05pm CST.