Exclusive Investment Opportunity

Discover an exceptional off-market deal that presents a blend of potential and profit. Nestled in a sought-after location, this commercial property offers a diverse mix of residential and commercial spaces, making it a hidden gem for the savvy investor.

Property Overview:

• Total Units: 11 (10 Residential, 1 Commercial)
• Commercial Space: Thriving Mexican Restaurant
• Residential Units: 6 Studios, 3 One-Bedroom, 1 Four-Bedroom
• Laundry Room: Complete with Appliances
• Building Size: 3,120 sq ft
• Lot Area: 53,143 sq ft
• Year of Construction: 1953

Rental Breakdown:

• Rent Income: $11,700
• Residential Utilities: Approx. $150 per residential unit
• Electricity Charges: Based on individual usage, tenant-billed
• Commercial Utilities: Water and garbage expenses ($300)
• Coin-Operated Machines: Estimated income of $250
• Total Gross Income: $15,100

Key Highlights:

• A bustling Mexican restaurant anchors the property, guaranteeing a steady revenue stream.
• An attached 4-bedroom residential unit offers a unique blend of living and commercial spaces.
• A separate building houses 9 additional residential units, ensuring privacy and tranquility for residents.
• A laundry room furnished with appliances is a convenient amenity that adds value to the property.

Untapped Potential:

• Expansive land area allows for the construction of 13 additional units at the rear of the property, providing an opportunity to maximize income potential.

Exclusive Offer: This is an off-market deal, providing you with the advantage of acquiring a prized property before it hits the public market. Seize the opportunity to tap into the hidden potential of this property and secure a promising investment.