Located in Opportunity Zone, zoned T5-O.
Built 1951. Building SqFt 2,160, 2 floors.
Current use: Flex-space Income producing Office-Residential with addition to a storage room and a shipping container (used as an office-not included-negotiable)
Remodeled, new roof.
Upper floor has been used as residential and hospitality. 6 tenants month-to-month. 4 units @$800 each p/mo; 1 unit @$850 each p/mo: $4,050 p/mo.
1st floor has been used a light-industrial, mechanic, retail, office, self-storage. Long term tenant pays $3,000p/mo. Will be vacating end 2023. The opportunity for owner to occupy it.
Expenses 2023:
Electrical +/-$300p/mo
Water +/-$200p/mo
Waste $150p/mo
Internet $120p/mo
Maintenance: $300p/mo
Annual Property Taxes 2023 ($3,453.79)
Property Insurances ($6,000.00)