This low maintenance, hassle-free mixed-use property in Solvay comes with long-term, stable tenants and has great value-add potential. There are two 1-bedroom apartments on the 2nd floor currently rented for $650/$725 and an updated commercial space on the 1st floor rented for $900, tenants pay their own utilities. Rents are significantly below market, this property could easily generate $3,000/mo+ in gross rents. There is historic demand for apartments and the high-visibility location makes the commercial space very attractive for a small business. Built in 1991, this is a rare opportunity to buy a newer construction investment property, meaning fewer headaches and maintenance calls. Features include electric baseboard and radiant heat (no furnaces!), vinyl siding, and no basement.
Cable Available, Sewer Connected, Water Connected, Gardener, Snow Removal, Water
Carpet, Laminate, Varies, Vinyl
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