About This Property
Exciting Investment Opportunity! This 5+ unit commercial-zoned property is perfect for investors seeking strong rental income. Located in a prime area with high foot traffic, this property offers endless possibilities for mixed-use development. With 5 units currently rented, this is a turn-key solution for savvy buyers. College and university rentals could be a potential opportunity. The owner pays for water across the entire building. At 281, three units have all utilities included, while tenants at 279 cover gas and electricity. The first floor of 281 is vacant, previously used as a beauty salon. Four units are rented month-to-month, and one was recently rented.
This property has sold and is no longer on the market. It sold for $540,000 in November 2024. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Simplicity Realty.
What Is Your Home Worth Today?
Sales like this one set the comparables your own property is measured against. We will pull the closed sales on your street and give you a real number — not an automated estimate.
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