35
$1,598,000 Sale
Listed 3 hours ago
289-293 KENILWORTH AVENUE N
· 0
· 0.0
· 0
· 4200
Key Facts
Key facts for 289-293 KENILWORTH AVENUE N
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
X14125674
Size
4200 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Incredible low-maintenance investment offered at a massive 6.8% cap rate even AFTER accounting for a vacancy allowance and repairs and maintenance! This fully-renovated, now fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated... apartments with great tenants, a fabulous new franchise QSR restaurant tenant on the ground floor, and a tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. In exceptional condition, this property comes with a recent, clean environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! This is truly an exceptional opportunity for a strong, stable investment with a substantial, above-market return! (id:10452)
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Listing courtesy of: Corcoran Horizon Realty
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