Standardized Operating Procedure of Purchase

Located directly on South Park Avenue at a prominent corner location, this solid brick mixed-use building offers strong street presence and excellent visibility. The property features a fully leased commercial storefront currently paying market rent, along with four residential units consisting of two 1-bedroom and two 2-bedroom apartments. The 2-bedroom units include in-unit laundry. All units are separately metered, with newer hot water tanks and many updated heating units throughout the building. The residential units are currently rented below market value, offering potential for future upside, while the commercial tenant provides stable income. The property also includes a garage, ideal for additional income or storage use. A fully occupied asset offering a blend of stability and long-term value-add potential on South Park Avenue. Also listed under Multi-Family MLS B1649482.