727 S 2 Nd St

Highlights:

• Days on Market: 33
• Heating: 90% Forced Air

Description:

Great Investment opportunity or 1031 exchange in the heart of one of the Best neighborhoods of the city, in Queen Village!
A well-maintained mixed use (CMX) corner bricked building is perfect for everyone is looking for a great cap rate of 6% and stable long term income investment property.
All units are tenants occupied/fully leased and produce income from the day One!
The building is composed of 5 total units, 4 Residential & 1 Restaurant.
Specifically:
1st floor commercial space is used as a luncheonette and includes a spacy fully equipped kitchen and a sitting area.
1st floor One Bedroom apartment has a separate entrance, and it is rented with a parking space (that is a part of the building too).
2nd floor has one (1) modern and capacious studio.
2nd floor has one (1) modern and capacious studio.
The top unit is a spacious and tasteful/high-toned 2 Bedroom/1 Bathroom apartment!
24 to 48 Hour Notice is requested, because all the units are occupied!
Please call for financial details and beautiful pictures.

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Listing ID: 804304713800