The property is also currently for sale, with solar panels on the roof available for purchase together or separately. These solar assets are generating additional income. The property has undergone many upgrades, including a new septic system. A new roof has been installed at 125 Jeffrey Ave, with updated pictures to be provided soon, taken by a drone. This property is a must-see to fully appreciate its value. Additionally, 87 Jeffrey Ave has been upgraded with new HVAC and fire alarm systems.
The large parking lot offers ample parking space. For tenants interested in a rent-to-own arrangement, the seller provides financing with a mortgage rate discounted compared to market rates from other lenders. This option is particularly beneficial for owner-occupants needing to invest significantly in renovations to meet their business needs, as these investments will contribute to the new owner's equity.
A new owner might consider occupying part of the building while leasing out the remaining spaces to other tenants. Seller financing offers excellent terms for qualified buyers, making this an attractive option for those looking to be owner-users of part of the two buildings. Easily cash-flow positive if you are an owner-user. Buying may beat leasing given seller financing. Inquiries will be answered promptly.