This property checks all the boxes as an income property priced at a 7 CAP with all major systems in good condition. In the current market the highest and best use of the property is either mixed use as currently configured or 100% residential which can be accomplished by converting the first floor of the front building into a 2 bedroom apartment. The property is zoned M1-4/R6B/LIC which is a favorable mixed use zoning. The 2 buildings are separated by a spacious courtyard in which residents frequently "sit out" in nicer weather under the evening sky. 21.The unique 2 building layout of the lot is comprised of a 4 unit 3 floor mixed use building facing south onto 47th avenue and a 3 bedroom 2 bathroom home towards the rear of the property that has an additional 4th sleeping quarters, rec room and laundry room in the basement, central AC and warm southern light bathing the home season 'round. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. and/or other countries.Ĭorporate Responsibility, Privacy & Legal Notices: Compass is a licensed real estate broker, licensed to do business as Compass RE in Delaware, Idaho, New Jersey, Pennsylvania and Tennessee, Compass Real Estate in Washington, DC, Wyoming and Idaho, Compass Realty Group in Missouri and Kansas, and Compass South Carolina LLC in South Carolina. Do Not Sell or Share My Personal Information, Terms of Service, Privacy Center, Scam Avoidance, Responsible Disclosure, Compass is an E-Verify employer, Notice for California Applicants, California COVID-19 Rules of Entry, and Your CA Privacy RightsĬOMPASS, the Compass logo, and other various trademarks, logos, designs, and slogans are the registered and unregistered trademarks of Compass, Inc.
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