Mixed Use - Four Units Retail/Apts
Listing was updated at: 08/05/2019
Property Overview
Price/Rent PSF $ 225,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 5,250
Date Available 08/05/2019
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Floors 3
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Description

Location
This property is convenient to all public transportation, and within 1 mile of Harrah's Chester & Widener University.

Sale
Large Corner 4 Unit Mixed-Use Property in Uptown Chester, PA. With Two Retail Units & Two Apartment Units, this property offers a **$35,411 NOI, 15.74% CAP Rate and a Financed ROI of 43.5%** Ground Floor Front Retail Tenant is a Hair Salon, in the building for over 7 years. Ground Floor Side Retail Tenant is a Barber Shop, in the building for over 12 years, both retail tenants wish to stay in the building for many more years. Separate entrances to the Second & Third Floor Apartments. Each Apt. is separately metered for utilities and are Large 2 Bedroom 1 bathroom units with Laundry Hookups.

Location