Property Information:
MULTI UNIT INVESTMENT PROPERTY WITH BIG VTB AVAILABLE!!! Solid updated triplex (one commercial unit and two residential units) with anchor restaurant tenant and solid lease until late 2027. Owner updated residential units and professionally upgraded successful commercial restaurant tenant. Both residential units are month to month with good returns. Interesting investment opportunity in that the seller is willing to hold a first VTB with only a minimum of 25% down for 2 yrs and a very business friendly 7% lending rate WITH NO EXTRA LENDER FEES!!!!! Seller is very interested in selling before the new Capital Gains regulations take effect so don't wait to act! Building has recently be fire retrofit upgraded and the properties one time Park Dedication fee applicable to 2024 taxes has been owner paid already. GREAT OPPORTUNITY TO INVEST IN AN EASY BLUE CHIP SAVINGS PLAN WITH BETTER FUTURE RETURNS. (id:27)
Building Features:
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Style:
Triplex
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Building Type:
Triplex
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Architectural Style:
2 Level, Multi-Unit
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Basement Development:
Finished
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Basement Type:
Full
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Construction Material:
Wood frame
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Construction Style - Attachment:
Detached
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Exterior Finish:
Stucco, Vinyl siding, Wood
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Fire Protection:
Fire alarm system, Sprinkler System-Fire
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Floor Space:
3369 Square Feet
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Foundation Type:
Poured Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning
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Appliances:
Dryer, Refrigerator, Stove, Washer
