Description
Excellent mixed-use investment opportunity in Troy! This property features a street-level commercial storefront plus 3 residential apartments, generating immediate income from day one. FULLY occupied! Total rental income is $56,100/year (full expense sheet available under docs). Store front is a nice open space, high ceilings, mini split, half bath, its current as a barbershop. Uni1 1R (1st floor) has 2 BEDS,1 FULL BATH, Open concept, Combined LR/DR. Unit 2R (2nd floor rear) has 2BEDS, 1 FULL BATH, Office space, Living Room. Unit 2F (2nd floor front) has 2BEDS, 1 FULL BATH, LR. Small backyard. All 3 apartments and store have been renovated, new siding, windows, roof, 2 new boilers and brand new split (store). Separate utilities.Convenient Troy location close to schools, shopping, transportation and major highways. A true turnkey addition to your portfolio. Property qualifies for owner occupied FHA loan with only 3,5% down payment.
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6BEDS
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0.06ACRES
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3BATHS
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11/2 BATHS
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3,007SQFT
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$110$/SQFT
Description
Excellent mixed-use investment opportunity in Troy! This property features a street-level commercial storefront plus 3 residential apartments, generating immediate income from day one. FULLY occupied! Total rental income is $56,100/year (full expense sheet available under docs). Store front is a nice open space, high ceilings, mini split, half bath, its current as a barbershop. Uni1 1R (1st floor) has 2 BEDS,1 FULL BATH, Open concept, Combined LR/DR. Unit 2R (2nd floor rear) has 2BEDS, 1 FULL BATH, Office space, Living Room. Unit 2F (2nd floor front) has 2BEDS, 1 FULL BATH, LR. Small backyard. All 3 apartments and store have been renovated, new siding, windows, roof, 2 new boilers and brand new split (store). Separate utilities.Convenient Troy location close to schools, shopping, transportation and major highways. A true turnkey addition to your portfolio. Property qualifies for owner occupied FHA loan with only 3,5% down payment.
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