Step into an exceptional investment opportunity situated in the coveted neighborhood of Richmondtown. This detached new construction mixed unit building is a testament to modernity and convenience, offering 3,375 sqft across three legal units spread across a generous 4000 sqft lot. At street level, a premier storefront commercial space beckons, encompassing 1100 sqft of prime real estate, perfectly complemented by a full finished basement of equal size, ideal for expanding business operations or additional storage. Ascend to the upper levels to discover two distinct 2-bedroom, 2-bathroom duplex apartments, each boasting spacious layouts and meticulous attention to detail. Hardwood flooring graces every inch of these residences, leading you through thoughtfully designed interiors adorned with custom kitchens featuring luxurious quartz countertops and sleek finishes. Embracing an abundance of natural light, Andersen windows frame picturesque views of the surrounding neighborhood, creating an inviting atmosphere that residents will cherish. Beyond its aesthetic appeal, this property presents a compelling financial opportunity. With a conservative projection indicating a gross yearly rent of $115,200 and an approximate net yearly rent of $98,348, investors can anticipate a substantial return on investment. Whether you're looking to diversify your portfolio or establish a lucrative income stream, this property stands as a beacon of possibility in Richmondtown's flourishing real estate landscape. Seize the moment and unlock the potential of this remarkable investment gem.
2401140
Other, 3+ Story
Richmond
2024
0.09
Acres
3
Public Sewer
3,375
Sq. Ft.
Interior Features
- Heating
- Gas Heat. Forced Air.
Exterior / Lot Features
- Parking
- 2 Parking Spaces. On Street, Private.
- Lot Dimensions
- 25 x 45
- Zoning
- C1-1,R3-1
Financial Considerations
02261-0004
$12,257
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