High-visibility C1-A corner mixed-use building totaling 3,510 SF (?1,500 SF ground-floor storefront + 4BD / 2.5BA upper residential). Solid masonry construction with turnkey major systems including a ~5-year roof, 200-amp electric, updated plumbing, 2 furnaces, 2 hot-water tanks, and separate meters. Full basement for mechanicals/storage and ~10 off-street parking spaces.
???? CURRENT INCOME (AS-IS)
Storefront: $1,500/mo (currently vacant, prior rent)
Residential (4BD): $1,250/mo (occupied)
Gross: $2,750/mo ? $33,000/yr
Expenses: ~$11,800/yr
NOI: ~$21,200/yr
???? MARKET UPSIDE (RENT COMPS SUPPORTED)
Storefront market rent ? $1,900/mo
Residential market rent ? $1,700/mo
Market Gross: $3,600/mo ? $43,200/yr
Market NOI: ? $31,400/yr
At a conservative 6.5% mixed-use cap, implied value ? $480K+, creating substantial equity at the $255K asking price.
???? INVESTMENT HIGHLIGHTS
C1-A commercial zoning on Buffalo Ave corridor
Strong day-one income with clear value-add upside
Mixed-use risk hedge (retail + residential)
Turnkey systems — no major rehab required
Ideal for buy-and-hold, BRRRR, or refinance strategy
Investors comfortable leasing storefront capture full upside
???? DEAL TERMS
Assignable contract (equitable interest)
Cash / hard money only
Showings by appointment
Limited assignment window tied to closing timeline
Full pro-forma, rent comps, photos, and redacted contract provided to qualified buyers only
Asking: $255,000
