Description
MIXED USE INVESTMENT PROPERTY - 6 Units: 2 Commercial spaces on the 1st floor & 4 apartments (2nd & 3rd flr's). 1125 W. Hamilton St, 1st flr commercial space (1,800 SF) is currently getting ready to rent @ $1,500/mo. Property is a 6% CAP RATE when the 1,800 SF space at 1125 W. Hamilton is rented. There is an additional 1,100 SF commercial space (currently vacant), rear of Boost Mobile, that was occupied by the property owner's business. Owner is now retired. With this additional 1,100 SF leased @ $10/SF, the potential CAP RATE increases to 7.43%. There is off-street parking for 10 vehicles at rear of building. Financial information also posted or call Listing Agent.
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8BEDS
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0.19ACRES
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5BATHS
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21/2 BATHS
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9,712SQFT
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$77$/SQFT
Description
MIXED USE INVESTMENT PROPERTY - 6 Units: 2 Commercial spaces on the 1st floor & 4 apartments (2nd & 3rd flr's). 1125 W. Hamilton St, 1st flr commercial space (1,800 SF) is currently getting ready to rent @ $1,500/mo. Property is a 6% CAP RATE when the 1,800 SF space at 1125 W. Hamilton is rented. There is an additional 1,100 SF commercial space (currently vacant), rear of Boost Mobile, that was occupied by the property owner's business. Owner is now retired. With this additional 1,100 SF leased @ $10/SF, the potential CAP RATE increases to 7.43%. There is off-street parking for 10 vehicles at rear of building. Financial information also posted or call Listing Agent.
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