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Property Description

This versatile commercial building is a standout investment, offering strong rental income potential in a high demand area. The property features five one bedroom units (3 upstairs, 2 downstairs), each renting at $750 per month, inclusive of water, with individual electricity meter ensuring hassle free management. Adding to its value, the property includes a commercial office space ideal for retail or office use, providing additional revenue streams. Together, these rentals yield a minimum of $4,950 monthly, with room to boost returns through minor interior enhancements. Strategically located in a thriving area, this property is poised for growth, offering immediate rental income and long-term appreciation. Efficient utility management is supported by well water and a gas water heater, adding further appeal for savvy investors. Don't miss this exceptional opportunity to secure a solid commercial investment contact us today to make it yours!

Overview

Property Status
For Sale
Lot Size
5,008 Sq.Ft.
MLS ID
61977
Property Type
Commercial

Features & Amenities

Neighborhood
Long Beach
Other Interior Features
Balconies, Highway Access, Shopping Area, Store Front
Sales Price
$572,000

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LOT 16 COWPEN ROAD

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