Description
Welcome to 1105 Church Ave, an opportunity to invest in the future. Situated on the busy street of Church Ave, 5 mins walking distance B, Q line, ideal for potential commercial and residential tenants. You also have a quick 30 minute commute to downtown, perfect for high income residences commuting to the city. It is roughly 2042 sf of efficiency, excluding the basement and garden. 1st fl is a commercial deli with an expansive bsmt and private backyard with lease expirations by 2023. 1st Fl tenant pays $3075 w/ rent increasing 3% per year, lease end in 2023. Tenant pays for 25% of RE Taxes and 45% of water bill. 2nd fl apartment is a 3 bed+1 bath that can easily be changed into a 3 bed+2 bath with washer/dryer to collect market-rate rent. Current tenants have no lease in place. 2nd Fl tenant pays $1850/M(M to M) *The owner already started evicting the 2nd-floor tenant **All info deemed reliable but is NOT guaranteed
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Welcome to 1105 Church Ave, an opportunity to invest in the future. Situated on the busy street of Church Ave, 5 mins walking distance B, Q line, ideal for potential commercial and residential tenants. You also have a quick 30 minute commute to downtown, perfect for high income residences commuting to the city. It is roughly 2042 sf of efficiency, excluding the basement and garden. 1st fl is a commercial deli with an expansive bsmt and private backyard with lease expirations by 2023. 1st Fl tenant pays $3075 w/ rent increasing 3% per year, lease end in 2023. Tenant pays for 25% of RE Taxes and 45% of water bill. 2nd fl apartment is a 3 bed+1 bath that can easily be changed into a 3 bed+2 bath with washer/dryer to collect market-rate rent. Current tenants have no lease in place. 2nd Fl tenant pays $1850/M(M to M) *The owner already started evicting the 2nd-floor tenant **All info deemed reliable but is NOT guaranteed
© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Premier Properties. Data last updated: 2021-01-20T15:17:17.563.