Princeton Heights ~ FULLY LEASED ~ ANNUAL INCOME: $61,680 ~ Incredible opportunity to invest in this mixed use commercial property. With 3 commercial spaces including 2 storefronts, one mechanic shop; and 3 apartments, this is the perfect blend for a smart investment. The apartments have been beautifully renovated and are fully occupied with rents of $795 - $795 - $650 with leases till Summer 2022, the mechanic shop rent is $750 and has been there for multiple years, and the 2 storefronts are newly leased one at $1300 for a 5 year term and the other at $850 for 1 year. Separate systems for each space including circuit breaker panels, forced air and central air, and water heaters. One apartment has a balcony overlooking the private backyard. Each space is unique in design and layout. This is one you need to see, the opportunity, the workmanship and the value / income - a smart investment with cash flow from day one. See attached income expense.
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