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1812 Cedar Avenue, Morris Heights, NY 10453

MLS# 3516458 

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[Morris Heights Real Estate, listing number 2097349]



Description:
Two Family + One Commercial Unit + BSMT A unique and rare real estate offering for an end user or investment. This mixed-use property offers a blend of residential comfort and commercial potential. Upstairs, discover two well-appointed apartments, each offering two bedrooms and two full bathrooms. This attached building features a spacious storefront on the first level. Also includes basement area, providing additional 800 sqft storage, ideal for a variety of business ventures, paired with a private entrance leading to residential units above. High Traffic Area, easy access to local amenities, shopping, dining, and public transportation, making it an ideal spot for both living and conducting business.Term asset appreciation potential. Store Tenant Lease Expires 08/31/24 Store pays: $3,000. Apartments Projected Income As per The Housing Auth. $3,027 Each Gross Monthly: $9,000 Gross Annual Income: $108,000. Owners Expenses: Tax: $3,000 Water: $1,500 Heat: $3,600Two Family + One Commercial Unit + BSMT A unique and rare real estate offering for an end user or investment. This mixed-use property offers a blend of residential comfort and commercial potential. Upstairs, discover two well-appointed apartments, each offering two bedrooms and two full bathrooms. This attached building features a spacious storefront on the first level. Also includes basement area, providing additional 800 sqft storage, ideal for a variety of business ventures, paired with a private entrance leading to residential units above. High Traffic Area, easy access to local amenities, shopping, dining, and public transportation, making it an ideal spot for both living and conducting business.Term asset appreciation potential. Store Tenant Lease Expires 08/31/24 Store pays: $3,000. Apartments Projected Income As per The Housing Auth. $3,027 Each Gross Monthly: $9,000 Gross Annual Income: $108,000. Owners Expenses: Tax: $3,000 Water: $1,500 Heat: $3,600

Details:
Property Type: Commercial
Lot Size: 16.17x83.42
Acres: 0.03
Built: 1901

Financials:
Price: $999,999
Taxes: $3,173

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The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Listing Information provided courtesy of Real Broker NY LLC, Celeni Filpo - 518-730-4228

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