

Medical Mixed Use Asset for SALE: 2317 E Westmoreland Street
Stabilized Mixed Use Building for Sale! Turn-Key Prized Asset!
Marketing description
Rarely offered, fully renovated 4-unit mixed-use property, Medical Zoning! with long-term residential and commercial tenants. Available individually or as part of a larger real estate portfolio. Please inquireThis property boasts modern amenities with high-quality finishes throughout! This fully sprinklered building features three upscale 1-bedroom, 1-bath apartments and a long-term medical tenant on the ground floor, ensuring steady rental income.
Key Investment Highlights:
✔ Strong 8.1% Cap Rate – High-yield, income-producing asset
✔ 100% Occupancy with stable Cash Flow – Long-Term residential & commercial tenants
✔ Tax Abatement – 1 Year Remaining
✔ Turnkey Condition – Low-maintenance, modern construction
✔ High-Demand Location – Steps from Aramingo Ave, I-95, transit, and retail hubs
✔ Quality Upgrades – Tankless water heaters, sliding glass shower doors, central air, LED lighting, granite countertops, tile flooring, stainless steel appliances
✔ Fire & Safety Compliance – 24/7 Fire alarm monitoring & annual system maintenance
✔ Transferrable Roof Warranty – Added long-term value
This prime investment property offers investors a rare opportunity to acquire a stabilized, low-maintenance asset in a rapidly growing area. Perfect for 1031 exchange buyers and portfolio investors!
📍 Location Perks: Close to public transportation, restaurants, big-box retailers, hospitals, schools, parks, fitness centers, I-95, and just minutes from downtown.
Don't miss this highly desirable, fully occupied asset
The property generates an annual rent of $84,000 and is separately metered for electricity. This property has a lot to offer with streamlined rental payments, secured waste management, and maintenance services. Don't miss out on this income-generating gem!
Serious inquiries only. Prior to confirming ALL showings, Buyers must provide Pre-approval, POF, or Bank Statement(s). Once received and verified, Broker will confirm.
Co-Operating Brokers welcomed! Commissions honored.
For more details or to schedule a showing, contact Sokkie Choing at (855) 733-1341.
Investment highlights
✅ 8.1% Cap Rate (Verified)
✅ DSCR-Qualified (1.7+)
✅ 100% Occupied w/long-term Commercial tenant
✅ Annual Rent of $84,000
✅ Tax Abatement: 1 year remaining
✅ ICMX2 Zoning
✅ Turnkey Condition – Modern Finishes Throughout
✅ Available individually or as part of a larger real estate portfolio. Please inquire.
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