Great investment opportunity! Two buildings bringing two different streams of income.
Multifamily: 5 units, 2b 1b, 803 sqft each. 4 of 5 units have been renovated, all units have new windows. Current rents are below market average - 950$/m per unit. Rents can be increased to 1200$/m per unit, considering the speciousness of the units and recent updates. All units are leased out, all tents have month to month leases. Tenants pay their own utilities, each unit has washer and dryer. Please DO NOT DISTURB THE TENATS. Residential units will be available for showings during DD only. Photos and videos of the property are attached.
Connivance store: 2611 sqft commercial building with fully equipped commercial kitchen at the back (new equipment) and fully equipped connivance store at the front. The owners use to run the convenience store with a good profit. There’s no other connivance stores in the neighbourhood. It can be leases out as a convince store or a local restaurant/takeout.