Wow! Outstanding cash flow, fully rented, 10% cap rate. 8 car parking, one car garage is rented. Very energy efficient with new windows and a sensor on the thermostat. A short walk to Park Ave. Security lights, tenant storage areas. Gross annual income is $84980. Annual expenses including taxes $32463.The property can be shown on Wednesdays and Fridays from 2:30-4 and Saturday ll:30-1. You must have an appointment. You cannot just show up. Showings begin Wednesday 2/4 at 2;30. Delayed negotiations until Tuesday 2/10 at 11am.
The R-2 Medium-Density Residential District provides a mix of housing choices. The inclusion of single-family residential, two-family residential and multifamily residential provides a diversity of housing choices while the bulk and density regulations maintain the lower-density scale of the neighborhoods. These residential areas are located proximate to neighborhood-scale shopping and service opportunities. The district requirements are intended to preserve, promote and protect a quality of urban residential living characterized by unobstructed front yards, pedestrian-scale streetscapes and buildings scaled and designed to be compatible with the neighborhood.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Office
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 1
Parking
Features: One Space, Driveway, Garage
Interior
Room Information
Has Basement
Basement Information: Full
Laundry Information
Features: Common Area, Coin-operated
Equipment
Appliances: Dryer, Free-Standing Range, Gas Water Heater, Oven, Refrigerator, Washer