Courtesy of: Hridya Puthieduth, RE/MAX Right Choice, Hridya.realtor@gmail.com
Courtesy of: Hridya Puthieduth, RE/MAX Right Choice, Hridya.realtor@gmail.com
$790,000
|
7 bed
|
|
8.00 Bath (3 Full , 5 Half)
|
|
Lot: 1.07 Acres
|
|
Other
|
$790,000
160 Wolcott Street Exceptional Investment Opportunity for investors seeking strong cash flow and future upside - Mixed-Use Property with Two income-producing Residential Units and an Office Building with Redevelopment Potential This property features two residential units providing immediate rental income and a 5, 260 sq. ft. commercial building offering significant long-term potential. 184 Wolcott St - A 3-bedroom, 1-bath single-family home (1, 021 sq. ft.) with central air, a detached garage, and a .36-acre lot. Currently occupied by long-term tenants paying below-market rent, with a rent increase scheduled for January, ensuring near-term revenue growth. 160 Wolcott St, Suite 2 - A renovated 4-bedroom, 2.5-bath Cape with washer/dryer hookups, central air, and ample parking. Features include two first-floor bedrooms, a finished basement, and a private entrance, making it ideal for stable, long-term tenancy. 160 Wolcott St, Suite 1 - A 5, 260 sq. ft. office building with 40 car parking, previously leased to ProHealth for $7, 500/month through September 2025. With high visibility (10, 900+ daily traffic), front lobby, multiple access points, elevators, conference rooms and a full basement, this property is perfectly suited for medical, professional, or mixed-use tenants. Zoned for multipurpose use, it also offers redevelopment potential-including conversion to multifamily residential.
Courtesy of: Hridya Puthieduth, RE/MAX Right Choice, Hridya.realtor@gmail.com
Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.