Description
FULLY-LEASED INVESTMENT UNIT FOR SALE! Great location on the front row of Fairfax Commons, facing Blenheim Blvd (formerly Old Lee Hwy)! End unit is fully-leased through 8/31/25 by excellent-credit tenant with skin studio/skin aesthetics use. Existing lease will be assigned to new owner at settlement. Condo fee is $330/mo, and RE tax is $2,806/yr (2022), and rate of return is approx. 5.4%. Rent increases 4% each Sept 1st. Please call for more details or to schedule a showing appointment. Please do not enter unit without a showing appointment.
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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: 4th June, 2023 4:13 AM (UTC)
