Pride in ownership says it all. Buyer will be proud to own this property. Fantastic location. Building was completely redone (entire 2nd story added) in 2003. Ground level contains a US Post Office and a hair salon- both long term tenants. 2nd floor has 2 large residential apartments, also with long term tenants. Each commercial space and each residential unit has their own boiler/electric. Large parking lot are can accommodate many more vehicles than are needed for tenants. Current cap rate is 6.3%. With the exception of the Post Office (long term lease) the other tenants are on yearly leases which are below market rate. Building is in excellent shape.
*Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit.
Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and
property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers.
Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.