Exceptional mixed-use investment opportunity offering immediate income with additional upside potential. This well-maintained three-unit commercial property features a street-level commercial space, currently occupied by a single-chair salon, along with two residential apartments and two detached garages.
The residential units include a spacious one-bedroom apartment currently leased for $900 per month and a vacant two- to three-bedroom apartment that was previously rented for $1,500 per month, providing an excellent opportunity for an owner-occupant or the ability to increase cash flow immediately. The commercial salon space is leased for $575 per month, creating a diversified income stream.
The property has seen several important updates, including nearly all replacement windows and a Lead Safe Certification obtained through the city last year, offering added value and peace of mind. Both residential units include existing washer and dryer hookups that can easily be exposed again, providing a desirable amenity for future tenants.
The owner currently pays water, sewer, trash, and common area electric. With two garages providing additional storage or rental potential, stable existing tenants, and a vacant unit ready for occupancy or lease, this property presents an excellent opportunity for investors seeking both current income and future growth.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$320,000
Days On Site
93 Days
Bedrooms
5
Inside Area (SqFt)
1,876 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
1900
MLS® Number
PALA2090842
Status
Active
Property Tax
$4,590
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
3 weeks ago
Price changed to $320,000
3 weeks ago
Listing updated with changes from the MLS®
3 months ago
Listing first seen on site
General Features
Acres
0.05
Garage
Yes
Garage Spaces
2
Parking
GarageDetached
Parking Spaces
2
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1876
SqFt Total
1876
Style
Converted Dwelling
Water Source
Public
Zoning
R3
Interior Features
Appliances
Gas RangeGas OvenElectric Water HeaterRefrigerator
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.