Large 3 unit residential with 3 one bedroom. Great potential income and cap rate. each unit has one bed room, a bathroom and kitchen. Second floor can be converted into a 2 bedroom unit. Utilities: 2 electric meters: one meter controls 1st and 2nd floor and 2nd meter for 3rd floor. one Gas meter is in the property, can restore 2 more gas meters as the line was there before. Walk out basement to the street. And access from first floor unit. Close to shopping area, schools and convenient transportation. Listing Office. Electric is off. Please verify with city for legal zoning of multi units.
The current city zoning certificate is attached. After the current owner obtained the property from a family member in 1994, She never applied for any zoning change and has no idea when that luncheonette for 1819 and 1921 as stated in the zoning cert was filed. Her family member used to own both 1819 and 1821 before. Therefore, its the buyer’s responsibility to apply for new zoning according to their own desire and efforts. Please consult with zoning attorney for further advice.