mixed-use investment opportunity in the heart of Lincoln Park is generating $49200 annual income! This well-maintained building features three residential rental units plus a storefront currently leased to a tobacco shop, providing immediate income from day one. The two upper units have been recently renovated and offer modern updates including… Read More new windows, updated kitchens and bathrooms, and split AC units. The property features a balcony adding convenience and appeal for tenants or short-term guests. Two of the units offer two bedrooms, one full bathroom, a spacious living room, dining room, and kitchen. The third unit includes one bedroom, one full bathroom, living room, dining room, and kitchen - ideal for a variety of rental options. With strong rental demand and flexible layout, the upper units have excellent potential to generate high income as short-term rentals such as Airbnb. Located in Lincoln Park, an area currently booming with new investors and redevelopment activity, this property presents a rare opportunity for both steady cash flow and long-term appreciation. Perfect for investors looking to expand their portfolio with a turnkey, income-producing property. BATVAI Read Less
Courtesy of Epique Realty.
Listing Snapshot
Days Online
4
Last Updated
Property Type
Commercial/Industrial
Square Ft.
3,450
Lot Size
0.05 Acres
MLS Number
60973745
Additional Details
Property Access
Paved Street
Building
3,450 square feet
Exterior Features
Brick
Foundation
Basement
Water Features
Public Water
Lot
0.05 acres, Lot size: 30x63x30x63
Property
Commercial
Taxes
Total amount: $6,276
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