522- 526 East Boundary Avenue
Multi Family Unit with Large Garage/Storage Facilty and parking
Marketing description
Looking for a property with immediate income and future upside? This unique investment opportunity includes three separate parcels offering multiple ways to generate revenue and build equity. Included is a 2-unit residential property with separate utilities and private basements for each unit. One side is currently occupied by a long-term tenant, providing immediate rental income, while the other 3-bedroom, 1-bath unit is vacant and ready for a new tenant or owner-occupant. Tenants pay for gas, electric and water. Also included is a warehouse/garage building with tremendous potential. Whether you're looking for space for a towing company, contractor business, storage operation, or workshop, the possibilities are endless. The upper level offers a fantastic value-add opportunity with room to create office space, a bathroom, and additional usable square footage to increase the property's functionality and value. The third parcel is a vacant lot currently used for parking, providing additional storage, vehicle parking, or future development possibilities. Income-producing properties with this much flexibility don't come along often. Whether you're an investor, business owner, or entrepreneur, this property offers the rare combination of cash flow today and equity-building potential for tomorrow. Schedule your showing today!
Investment highlights
2 units with separate utilities. Tenants pay for gas, electric and water. 3BR, 1BA on each side. Currently one side is vacant, the other has a long term tenant. Included is a 2,189 sq. ft garage with 3 bays. Additional unfinished square footage on second floor of garage could be used for office space. Parking area for overflow.
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