Description
Located in prime business district near transportation with parking in rear of building. Great income potential with 2 commercial office spaces on first level, one formerly rented to famious Margate optometrist for many years, additional commercial space approximately 450 sf currently under renovation for prospective tenant. Commercial spaces are electric heat and cooling. 2 occupied residential apartments on second level, 1 3-bedroom apartment and 1 2-bedroom apartment. Residential apartments are all gas and have separate meters. Property includes 3 lots on block 318: 5.30, 5.04 and 8.01. CapRate of 6.76
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Located in prime business district near transportation with parking in rear of building. Great income potential with 2 commercial office spaces on first level, one formerly rented to famious Margate optometrist for many years, additional commercial space approximately 450 sf currently under renovation for prospective tenant. Commercial spaces are electric heat and cooling. 2 occupied residential apartments on second level, 1 3-bedroom apartment and 1 2-bedroom apartment. Residential apartments are all gas and have separate meters. Property includes 3 lots on block 318: 5.30, 5.04 and 8.01. CapRate of 6.76
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