Mixed use building for sale. Rooming House; Plus a Commercial Space. $89,100 in gross annualized rents. $4,750 from rooms is current actual rent roll and $2,675 from a newly signed 5 year commercial lease to be opened as a Bar/pub. The new operator ran the business for the previous owner up until a month ago or so. The commercial space has operated as a bar since 1890 under various names. Expenses are Insurance $3,650; Net Utilities $1,800; Net Water bill $600; Net trash Bill $800. The commercial tenant contributes to some of the expenses..... Rooming house is one full shared kitchen with newer fridge/freezer and gas stove. Two full bathrooms with showers. the building is 4,232 total square feet, plus 1,500 feet additional outdoor space for bar. Full basement and garage for storage..... C of O transfers and expires in November 2027. New boiler in 2026. Seller Financing preferred with $100,000 down, 7% and 20 year amortization comes to $2,713 monthly approximately. Seller will only be in a first position. NDA attached to listing. Please complete and send for more information. Please allow 48 hours to schedule showings. Cash buyers or seller financing only please. No banks please. Seller requests proof of funds before showing. Seller requests showings to be weekdays 10am to 3pm.
Listing courtesy of Rich Realty. Contact:
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