RARE VALUE-ADD OPPORTUNITY WITH IMMEDIATE CASH FLOW
Look no further! This fully renovated, well-maintained brick mixed-use building offers the perfect blend of stable rental income and prime commercial potential. Boasting extremely low property taxes, this property is an exceptional addition to any portfolio.
Prime Commercial Storefront: Currently vacant and ready for immediate occupancy! Featuring high visibility in a high-density area with heavy foot and vehicle traffic, it is perfect for an owner-user to launch their own business or for an investor to lease out at top market rent.
Turnkey Residential Unit: The upper level are fully occupied by stable, long-term tenants. Configured as a total of 4 bedrooms and 2 bathrooms
Completely Updated: Thoroughly renovated 6 years ago with new windows, updated electrical, and modern heating systems.
Tenant-Paid Utilities: Enjoy hassle-free management with separate meters for both gas and electric.
This is a stabilized asset with immediate residential income from day one, plus massive upside potential once the storefront is utilized.
Don't miss out on this rare opportunity to live, work, or invest in a high-demand location!
Property Features
Heating Information
Baseboard
Other
Cooling Information
Ductless
Water Features
Public
House Interior
Other
Utilities
See Remarks
Parking
On Street
Basement
Partially Finished
School Information
School Information for 10428 Jamaica Avenue, Richmond Hill, NY 11418