Reduced and FINAL Price! - AS IS.
Selling owner absentee, passive income laundromat equipped with paid off machines + 3-Story Mixed-Use Building REAL ESTATE
_ 5 Units (4 Residential + 1 Commercial)
_ Total Size: 6,822 Sq Ft (Basement, 2FL, 3FL : 1516SF, 1FL : 2,274 Sq Ft)
_ 1st Floor(Retail): Laundromat w/52 Machines
_ 2nd+3rd Floor(Residential): 4 Units (2 BD / 1 Bath) -No Rent Control (Low Rent, High Upside Potential)
_ Property Income (Building): NOI $77,910
_ Retail Income (Laundromat): Gross Sales $360K, NOI $130K
**Total COMBINED NOI (Building + Business) : $207K**
This owner absentee business has been in operation for over 9 Years.
There are no competitors within 10 blocks of this business and City will only allow new laundromat on existing location.
A total of 54 Machines - 28 dryers and 26 washers purchased in 2015, all in good condition.