LOOKING FOR SERIOUS INVESTORS!!! An excellent opportunity to purchase income producing real estate. 3 Buildings for sale as one package deal...All three are walking distance from each other for easier management/maintenance. All units are on the bus line, easy to rent and well managed. Updated mechanicals and electrical in all three buildings. Properties will be “SOLD AS IS”. All units are fully rented, with a 5% annual automatic rental increase on their leases. Buyers are responsible for their own due diligence.
Properties combined have a Net Operating Income of $215,560. The package includes the following properties: 507-513 Park St. (4 -2bedroom units, 1 pizza restaurant, 1 convenience store), 528-546 Park St. (8-2bedroom units, 1 nail salon, 1 convenience store, 1 tax preparation office, 1 phone repair store, 1 barbershop), 1016-1022 Broad St. (6 – 3bedroom units, a church and convenience store).
No residential units will be shown during initial showings. An offer accompanied or a letter of intent accompanied by a prequalification or POF will be needed for residential units to be shown as to not disturb buildings residents.
Listing Agent: Adriana Burgos Courtesy of: Coldwell Banker Realty The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Updated: 20th January, 2022 4:19 PM
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