Rare opportunity to purchase two adjoining mixed-use properties as a package on Bath Avenue. Commercial space on the first floor with two residential units above, offering immediate rental income and strong long-term investment potential.
?? Property Details
• Two adjoining mixed-use properties
• Approx. 1,800 SF commercial space on the first floor, currently occupied by a 99¢ store
• Commercial rent: $5,800/month
• Two residential units: $2,800/month each
• Total rental income: $11,400/month
• Annual rental income: $136,800
• Property taxes: approx. $6,177 each / $12,354 total annually
? Investment Highlights
? Two adjoining properties sold together
? Commercial + residential income
? Existing rental income
? Established Bath Avenue location
? Excellent opportunity for investors and long-term ownership
Rare opportunity to purchase two adjoining mixed-use properties as a package on Bath Avenue. Commercial space on the first floor with two residential units above, offering immediate rental income and strong long-term investment potential.
?? Property Details
• Two adjoining mixed-use properties
• Approx. 1,800 SF commercial space on the first floor, currently occupied by a 99¢ store
• Commercial rent: $5,800/month
• Two residential units: $2,800/month each
• Total rental income: $11,400/month
• Annual rental income: $136,800
• Property taxes: approx. $6,177 each / $12,354 total annually
? Investment Highlights
? Two adjoining properties sold together
? Commercial + residential income
? Existing rental income
? Established Bath Avenue location
? Excellent opportunity for investors and long-term ownership
Listing Courtesy of E House Realty & Mgt. Inc.