5-Unit mixed use building in Melrose with 4 free market residential units and one ground floor medical office
Free market units rented to Section 8 tenants with an average rent of $2,596 per unit and $57 rent per square foot
Units have recently been renovated and feature separate gas boilers and hot water heaters
The property is in tax class 2A which provides minimal yearly taxes
Situated 2 blocks from the 3rd Ave retail corridor and a few blocks from 3rd Ave-149th St subway station for the 2 and 5 trains
2,825 SF of air rights for future development assemblage
Listing Status: | Available |
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Listing Type: | Highest & best offer |
Property Types: | Apartment Buildings |
Price: | $1,800,000 |
No. of Units: | 5 |
Building Size: | 4,675 Sq ft |
Lot Size: | 2,500.00 Sq ft |
Opportunity Zone: | No |
Price per unit: | $360,000 |
Seattle & Northwest | May 29, 2024
Seattle & Northwest | May 29, 2024
Phoenix & Southwest | May 29, 2024
CBRE | Nevada
Marcus & Millichap
Avison Young - US - NY - New York
GREA
California
North Carolina
California