Description
Calling All Investors! A Cash Cow Investment Opportunity! Prime 6 Unit Free Market Corner Building Offered at A 7% Cap! The subject property includes 5 residential units and 1 commercial unit. Situated on the busy street of Riverdale Ave, 5 mins walking distance 2,3,4 train line, ideal for investors looking for stable & high income. All FREE MARKET residential units with good tenants in place. 120 Riverdale Ave is roughly 5850 sf of efficiency, excluding the basement. 1st FL is a commercial deli with an expansive basement and with lease expirations by 2024, the tenant has been there for 15 years. Annual NOI: $107,205 * All info deemed reliable but is NOT guaranteed, need to verify by prospective buyer
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School Ratings & Info
Description
Calling All Investors! A Cash Cow Investment Opportunity! Prime 6 Unit Free Market Corner Building Offered at A 7% Cap! The subject property includes 5 residential units and 1 commercial unit. Situated on the busy street of Riverdale Ave, 5 mins walking distance 2,3,4 train line, ideal for investors looking for stable & high income. All FREE MARKET residential units with good tenants in place. 120 Riverdale Ave is roughly 5850 sf of efficiency, excluding the basement. 1st FL is a commercial deli with an expansive basement and with lease expirations by 2024, the tenant has been there for 15 years. Annual NOI: $107,205 * All info deemed reliable but is NOT guaranteed, need to verify by prospective buyer
© 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: 2021-01-16T10:16:51.237.