3115 Kensington Ave is a Great Investment with 4 units and a potential of $3,000 per month or you can choose not to Lease the Commercial Unit and Run Your Own Business on the First Floor of this CMX-2 Zoned property.
Property taxes are estimated to be only $943 for all of 2023...Seriously
First floor of this Mixed Use Property features a 1,236 Sq ft Commercial Storefront that is ready to Lease out and features a New HVAC system , Exposed Brick Look ,New Front Window and Doors for the Business and Apt installed and new flooring. Currently Vacant and Ready for You.
The Property has 3 Rental Units above the first floor including :
-Apartment #1: A 550 Sq ft 1 Bedroom Unit. Intentionally left Vacant.
-Apartment #2: A 420 Sq ft Studio Unit with a Grey Cabinet and Granite Countered Kitchen and Intentionally left Vacant for new owner.
-Apartment # 3: A Nice 450 Sq ft 1 Bedroom Jr Unit Currently rented for$800 per month .
It could save a Business owner a lot by using this great location to keep a low overhead while renting the units above.
This is a Great Investment Opportunity to get your money out of the Stock Market or Diversify and ride out the storm.
Courtesy of: Coldwell Banker Hearthside Realtors Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 31st January, 2023 6:50 AM (UTC)
Angie McDaniel is a licensed REALTOR® and subscribes to NAR's strict Code of Ethics, which is based on honesty, professionalism and the protection of the public. We fully support and operate in accordance with The Fair Housing Act.