Fantastic Opportunity for Investor to Enjoy this 2 Story Office Bldg Circa 1975 Renovated in 2010 (approximately) Facade Completed August 2020, Cash flow!!! Medium and Small Offices are 98% Occupied! (Currently 1 Small Office is Available) Cash FLOW!!!!! Expenses are Super Low on this Low Maintenance Bldg (Brick & Stone). Gross Income currently is $530,400 (Annually) Current Expenses are $187,812 (Annually) NET INCOME $351,188 CAP RATE of 8.78% You Won't Finds a Sweeter Deal Out There! Previous Occupant was Medical/non-Profit. Call for Details DON"T DISTURB TENANTS!!!!! Call Listor to Arrange Showings. Price also Includes 1051 South Kingston Street (1428 sq ft Garage and parking Lot)
Listing courtesy of MB Metro Brokers 7th Avenue Properties LLC.
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