Courtesy of: ZaiYou (Joe) Zhu, RE/MAX Edge, joezhurealestate@gmail.com
Courtesy of: ZaiYou (Joe) Zhu, RE/MAX Edge, joezhurealestate@gmail.com
$899,999
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Lot: 2,500.00 Square Feet
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Mixed Use
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$899,999
718 Henderson Avenue Uncover an outstanding investment opportunity anchored by this expansive mixed-use building. The ground floor showcases a generous deli store, seamlessly paired with a sizable full basement, amplifying its versatility. Above, a spacious 4-bedroom apartment offers an additional income stream, further enhancing the property's value. Noteworthy is the autonomy given to tenants for their electricity and gas expenses, bolstering your profitability. With a commendable gross income of $73, 500 and operational costs totaling $10, 107, the property culminates in a robust net income of $63, 393. Showcasing a cap rate surpassing 6%, the architectural footprint stands at 22' x 100' for the ground floor and 22' x 75' for the second floor.
Courtesy of: ZaiYou (Joe) Zhu, RE/MAX Edge, joezhurealestate@gmail.com
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