3 STORE FRONTSRENTED WITH 10 1 BEDROOM APARTMENTS ON 2ND FLOOR WHICHCOULD RENT FOR $450 PER MONTH. 1 VACANT STOREROOM AVAILABLE @ $90PER MONTH. GTOSS POTENTIAL INCOME OF $81,8010 LESS 5%VACANCY AND LESS EXPENSES OF $19,431 RESULTS IN A NOI OF $60,331 FOR A CAP RATE OF17%.,3 STOREFRONTS AND1 APT, CURRENTLY LEASEDHIGH TRAFFIC LOCATION NEAR BUS STOP. BASEMENT UNDERNEATH FOR ADDITIONAL STORAGE . UP AND COMING HILLTOP NEIGHBORHOOD. CAN BE PACKAGED WITH 4 OTHER HILLTOP PROPERTIES
Listing Courtesy of David S Ingalls of David S. Ingalls Co., Realtors.
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