Brick Mixed-Use Building – 6 Residential + 4 Commercial Units
4 Stories + Basement, Building: 20×100 | Lot: 20×100
True Corner Property – Double Exposure – Strong Commercial Presence
Investment Highlights
Prime corner property with dual street frontage, 10-unit scale asset
Strong rental layout – high-demand unit mix, Mixed-use (Residential + Retail) – diversified income, 1 retail space currently vacant – upside potential
Several residential units below market – rental growth opportunity
Current Income Breakdown,Residential (6 units)
3 × 2BR units
3 × 3BR units
Total Monthly Residential Rent: $14,100
Commercial (4 units)
Restaurant: $5,071
Tax Office: $1,920
Barbershop: $2,550,1Retail Space: Vacant
Total Commercial Monthly Rent: $9,541
Financial Summary:
Total Monthly Income: $23,641
Annual Gross Income: $283,692
Annual Expenses: $57,389.(Taxes, Insurance, Gas, Electric, Water)
Net Operating Income (NOI): $226,303 / Year
Asking Price: $4,050,000
Cap Rate: 5.59%