
Courtesy of: Christina Barbaro, Keller Williams Preferred Rlty, cbarbaro@kw.com
$670,000
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Lot: 0.43 Acres
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Other
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$670,000
3905-3923 W 147th Street Excellent mixed-use investment opportunity in Midlothian! This well maintained building 7, 528-square-foot property offers a versatile combination of four ground-floor commercial units and one spacious 2-bedroom, 1-bath residential apartment, creating multiple income streams within one property. The building is currently fully occupied, with a gross rental income of $94, 800 annually, offering immediate income potential for the next owner. The commercial spaces include one approximately 2, 690-square-foot unit and three approximately 1, 090-square-foot units, while the second-floor residential unit offers approximately 1, 500 square feet of living space. Current tenants include established commercial occupants with leases extending through 2028 and 2029, providing a strong mix of lease terms. Additional features include on-site parking, street parking, individual furnaces, central air conditioning for all units, and separate electrical service for each unit. Tenants are responsible for their in-unit electric, heat, and cooking gas, while the landlord covers common-area electricity, water, sewer, and trash removal. With its combination of commercial and residential income, established tenancy, and flexible mixed-use layout, this property offers a great opportunity for an investor or owner-user looking to add a multi-tenant asset to their portfolio.
Courtesy of: Christina Barbaro, Keller Williams Preferred Rlty, cbarbaro@kw.com
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