1421 Pelham Street Welcome to Fonthill Flats in downtown Fonthill! This location is as prestigious and prime as you can get downtown Fonthill / Pelham, and the property Commercial and Residential investment buyers usually only dream about! This 6-year young absolute gem of a property boasts a total of 5- 2-bedroom luxury apartments and 2 main-level businesses. First is an award-winning craft brewery/restaurant with a patio, and second is a wonderful retail space fronting the main road. There was no expense spared in the construction of the apartments, all brick and stone exterior with heated aggregate walkways, exquisite cabinetry, cherry oak staircases, high-end appliances, granite countertops, beautiful millwork around windows and doors, tankless water heater, 600v power & so much more! You will be absolutely stunned by this impressive multi-use building and the potential here for many years to come. In adding this to your investment portfolio, as nothing needs to be done here and is fully leased with a very healthy cap rate! (id:203)