$1,500,000

About This Property

Package Offering! Two connected buildings situated on one parcel, offering a unique mixed-use investment opportunity with both commercial and residential income, and an adjacent lot included. Building One is an approximately 6,700 SF commercial building featuring a large open floor plan and is currently occupied by a church tenant. Building Two is an approximately 4,418 SF three-family residence featuring a new roof, with all units currently rented below estimated market value, creating future income-growth potential. Annual income from all four occupied units is approximately $106,000. The property also includes two detached garages that are currently not rented, providing additional potential income. Located in the RX1 Residential-Office Corridor Zone, the property offers flexibility for a variety of residential, office, professional, institutional, and service uses, subject to municipal approvals. With multiple existing income streams, below-market residential rents, flexible commercial space, ample paved parking, a new roof on the residential building, and additional untapped income potential, this property presents an attractive opportunity for an investor or owner-user seeking a diversified income-producing asset with long-term upside.