6304 39th Ave

Investment Highlights

This property included 2 residential apartments with 3 bedrooms each, a new roof, and newly renovated hallways. Store is fully leased with 5 year lease with the option of an extension. Very low maintenance required with taxes of $6,000 per year

Executive Summary

Fantastic investment opportunity for Sale!!!! Mixed use property with two spacious 3 bedroom apartments and a lucrative store space. Enjoy higher income potential and low taxes on a prime location. Don't miss out on this rare chance to own a profitable property.Total building has 4 floors with 4,800 sq. ft. total.1,200 sq. ft. per floor with 3 floors above and a 1,200 sq. ft. basement.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Fast Food General Retail Restaurant General Retail Storefront Retail/Office Storefront Retail/Residential
• Building Size    3,550
• Building Class    C
• Year Built/Renovated    1931/2015
• Price    2,680,000
• Price Per SF    755
• Cap Rate    5.41
• NOI    145,000
• Percent Leased    100
• Tenancy    Multiple
• Building Height    3 Stories
• Building FAR    2.04
• Land Acres    0.04 AC