3074 Kensington Ave

Highlights:

• Days on Market: 5
• Heating: Radiator

Description:

Great Investment opportunity with a 3 story 2 unit building zoned commercial mixed use CMX2.5
All units are occupied bringing in approx $2,400 each month and at this price a CAP RATE of approx 12%
The area is changing for the good and new construction is starting to pop up in the immediate area and soon most of the Av will be fully developed.
1st floor office/commercial space $1100 on a 1 year lease
2nd & 3rd Floors are a Bi-Level 4 bedroom 1.5 bathroom apartment with access on Clearfield St
We require 48 hour notice for all showings.
Could also be sold as part of a package with the two properties below which are also on the MLS.
2952 Kensington Av has 3 units all occupied $199,700
3532 Kensington Av has 4 units all occupied $275K