Value Opportunity for an owner-user or investor this renovated mixed-use building is ready for a new owner. Perfect if you have always wanted to start a business, and rent an apartment in the area to make the switch for cheaper than buying a home. Or for an investor looking to start cash flowing, nearby storefronts of similar sizes rent for 1000-1200 a month and apartments rent for about 1800/month near by. The 3-story structure was built in 1920. The first floor is a storefront whose current use is a convenience store but there is a possibility for other uses. The two upper floors have been fitted for a 3 bed 2 bath apartment, Located in the Perkins Somerset Oldtown Transformation District, a $1.1 billion redevelopment plan to convert over 244 urban acres into a modern community with 1,360 units of mixed-income housing get in before prices skyrocket.
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Listing Snapshot
Price
$350,000
Days On Site
11 Days
Bedrooms
N/A
Inside Area (SqFt)
1,890 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1920
MLS® Number
MDBA2155742
Status
Active
Property Tax
$1,043
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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