Handsome historic property with commanding presence on Main St. Potential 16% to 18% CAPITALIZATION RATE when fully occupied. Comprised of the main building which faces out on Main St, which includes a 1st floor commercial space, with office & a large 3 bedroom apt. above. All of the buildings have been occupied by the owner so there is no rental history but the proposed rents are more than realistic. Units have separate meters & entrances. Flanked by a large municipal lot some of which could be leased from for commercial purposes. The commercial unit has large, open spaces easy to outfit for any number of uses. The coup de gras however is a wonderful private courtyard behind the house, which has numerous possibilities but would be especially suitable for outdoor dining. The back of the property has a 3 car garage & 2nd level space in need of complete renovation. Allowable uses are: BEAUTY PARLOR,CONVENIENCE STORE, FAST FOOD, GIFT SHOP, GROCERY STORE, OFFICE, RETAIL & RESTAURANT.
Bedrooms: 3
Bathrooms: 2
Square feet: 6,330
Price: $149,900
For more information about this property, please contact Marilyn deMendoza-Conte at 610-838-0440 or m.demendoza-conte@cbhearthside.com. You can also text 3894736 to 67299.
See more listings at: www.cbhearthside.com/marilyndemendozaconte
MLS ID: 529809
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