Description
GREAT CORNER UNIT WAREHOUSE WITH A 20+ YEAR TENENT IN PLACE, THREE MORE YEARS ON LEASE WITH OPTION AND WILLING TO RENEW IT. GREAT RENTAL INCOME PRODUCING PROPERTY WITH A GROSS LEASE OF $58,800 YEARLY INCOME AND A TOTAL OF $12,357 OPERATING EXPENSE. NET ANNUAL INCOME OF $46,443 PROPERTY HAS 40 YEAR CERTIFICATION GOOD FOR THE NEXT 10 YEARS REPAIRS COMPLETED WITHIN THE LAST FOUR YEARS ALL BUT ONE OF THE OVERHEAD DOORS REPLACED BATHROOMS PLUMBING UPDATED AND EMERGENCY LIGHTS ADDED
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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5,118SQFT
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$127$/SQFT
School Ratings & Info
Description
GREAT CORNER UNIT WAREHOUSE WITH A 20+ YEAR TENENT IN PLACE, THREE MORE YEARS ON LEASE WITH OPTION AND WILLING TO RENEW IT. GREAT RENTAL INCOME PRODUCING PROPERTY WITH A GROSS LEASE OF $58,800 YEARLY INCOME AND A TOTAL OF $12,357 OPERATING EXPENSE. NET ANNUAL INCOME OF $46,443 PROPERTY HAS 40 YEAR CERTIFICATION GOOD FOR THE NEXT 10 YEARS REPAIRS COMPLETED WITHIN THE LAST FOUR YEARS ALL BUT ONE OF THE OVERHEAD DOORS REPLACED BATHROOMS PLUMBING UPDATED AND EMERGENCY LIGHTS ADDED
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