Remarks: Centrally located and rich with character, this well-maintained mixed-use property presents a compelling opportunity for both seasoned investors and owner-operators seeking diversified income streams. The asset features a combination of residential apartment units and a commercial space, all-inclusive of utilities, creating a streamlined management profile and strong tenant appeal. Currently, three residential units are leased, providing immediate cash flow, while 1 units and the commercial space are actively marketed for lease, offering upside potential. Existing leases include: One two-bedroom unit leased at $1,050/month One two-bedroom unit leased at $1,250/month One three-bedroom unit leased at $1,500/month Vacant and available units include: Four-bedroom unit just leased for $1,600.00/month Commercial space offered at $1,500/month All leases are all-utilities-included, a traditional yet highly attractive structure that continues to drive demand and simplify operations. The property benefits from ample parking, a large shared deck, and expansive outdoor common areas at the rear—features that enhance tenant experience and long-term retention. Its central location ensures convenient access to surrounding amenities, employment centers, and traffic corridors, reinforcing its position as a durable, income-producing asset.
Listing courtesy of ARMES REAL ESTATE & LAND COMPANY INC..
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