Fully occupied newer construction mixed-use triplex with 9 years left in tax abatement! Over 4100 sq. ft. A cash flowing, 4 story corner lot, and located in the booming Olde Kensington area, this property is a great investment opportunity. Bi-level commercial Unit rented for $1,900/mo , residential Unit #1 for $1400/mo, and Unit #2 for $2,400/mo . That is a cap rate of over 7.5%! (Rental Pro Forma Attached). Commercial Unit is a large bi-level unit with separate side entrance, a backyard, a large ADA restroom and a second restroom on the lower level for convenience. Unit 1 is a 1 bed/1 bath apartment with open floor plan, modern energy-efficient appliances, in-unit laundry, and beautiful finishes. Unit 2 is a bi-level 3 bed/2.5 bath apartment which has a spectacular rooftop deck with 360-degree views of the city, master suite, in-unit laundry, and a bonus area that can be used as a dining are, home office space, or just as an open space for entertaining. Some spectacular features include quartz counter-top kitchens, modern appliances, laminate flooring, luxurious vanity and elegantly tiles baths, walk-in closet, fiberglass roof deck, brick facade, high ceilings, security cameras, video doorbell intercom, etc. This is a rare investment opportunity, in a great area, at a great value!
