About This Property

Virtually Staged. Prime mixed-use opportunity offering immediate income and long-term upside. The ground floor features a 1,866 SF retail space currently leased at $2,500/month, providing stable cash flow. Upstairs, a 1,200 SF residential unit is operating as a high-performing Airbnb, averaging $4,000/month in income. This asset produces an estimated NOI of $78,000 annually with a 7.6 cap rate, making it an attractive option for investors seeking versatility. other Parcels may be included for an addition two retail storefronts with a total of 12,777 sqft. and turnkey flexability. Investment highlights Growing Redevelopment Corridor Located in an area experiencing ongoing investment, redevelopment, and increasing commercial demand. Immediate Cash Flow Income-producing asset featuring a leased 1,866 SF retail space at $2,500/month and an upstairs Airbnb unit averaging approximately $4,000/month. Strong Investor Returns Estimated NOI of approximately $78,000 annually with a 7.6 cap rate and long-term upside potential. Flexible Potential Permitted uses include retail, restaurants, medical offices, professional offices, entertainment venues, service establishments, banks, galleries, and recreational facilities.

Key Features

• 4,017 Square Feet Lot
• Built in 1952

Property Details

• Type: Single Family Home
• Year Built: 1952
• Lot Size: 4,017 sq ft
• Sq Ft: 3,066
• Price / Sq Ft: $310
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 4,017 Square Feet Lot
• Feature: Built in 1952
• Status: Active
• MLS Number: MFR790564207
• Days on Market: 184
• Listed By: ROY & COMPANY · Christopher Roy
• Zip Code: 32118