Description
This is a great opportunity to owner-occupy or operate as pure investment. The commercial unit is built out as a high end spa featuring private rooms, showers and bathrooms, with high end finishes and tile throughout.Ground level commercial unit is currently vacant and is projected to make ~$45,000.00 per year.Currently there is a 1br leased for $1,100.00 per month, another 1br for $800.00, and a 2br for $600.00 a month. All current tenant are on month to month leases. The units are priced under market value and can very easily rent for more, increasing your income immediately. With projected rents expect an NOI of ~$90-100k.
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6BEDS
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0.16ACRES
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4BATHS
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01/2 BATHS
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6,196SQFT
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$140$/SQFT
Description
This is a great opportunity to owner-occupy or operate as pure investment. The commercial unit is built out as a high end spa featuring private rooms, showers and bathrooms, with high end finishes and tile throughout.Ground level commercial unit is currently vacant and is projected to make ~$45,000.00 per year.Currently there is a 1br leased for $1,100.00 per month, another 1br for $800.00, and a 2br for $600.00 a month. All current tenant are on month to month leases. The units are priced under market value and can very easily rent for more, increasing your income immediately. With projected rents expect an NOI of ~$90-100k.
© 2023 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2023-05-30T17:12:59.59.