Description
Exceptional mixed-use property, a unique investment opportunity that combines commercial and residential spaces in one prime location. Situated in the heart of Pelham Bay, this property features a nail salon storefront, perfect for attracting foot traffic and generating steady commercial income. Above the salon, you'll find three well-appointed apartments, two 3 bedrooms and one two bedroom each designed to offer comfortable and modern living spaces. These units are ideal for maximizing your rental portfolio along with the apartments & commercial space, the property includes a separate three-bedroom house in the back. This spacious home provides a private and serene living environment, perfect for a family seeking more room and a sense of privacy. With its blend of commercial and residential spaces, this property offers a versatile and potentially lucrative investment. Don't miss out on this rare opportunity to own a mixed-use property in a sought-after location. Contact us today to schedule a viewing & for a well drawn up Pro-Forma of current, current with rent increase, current with maximized rent increase, remodel & full occupancy. Cap rate potential is 10%.
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Exceptional mixed-use property, a unique investment opportunity that combines commercial and residential spaces in one prime location. Situated in the heart of Pelham Bay, this property features a nail salon storefront, perfect for attracting foot traffic and generating steady commercial income. Above the salon, you'll find three well-appointed apartments, two 3 bedrooms and one two bedroom each designed to offer comfortable and modern living spaces. These units are ideal for maximizing your rental portfolio along with the apartments & commercial space, the property includes a separate three-bedroom house in the back. This spacious home provides a private and serene living environment, perfect for a family seeking more room and a sense of privacy. With its blend of commercial and residential spaces, this property offers a versatile and potentially lucrative investment. Don't miss out on this rare opportunity to own a mixed-use property in a sought-after location. Contact us today to schedule a viewing & for a well drawn up Pro-Forma of current, current with rent increase, current with maximized rent increase, remodel & full occupancy. Cap rate potential is 10%.
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