111 Felton St. || $1,500,000 || Under Contract

$1,500,000
Under Contract

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Opportunity knocks in the Riverfront Redevelopment District! Bring your business! A residential 3 family home and 2 outbuildings are situated on this mixed-use .45 acre parcel. Leases in place for units 1 ($1600/mo) and 2 ($2000/mo) through 8/31/2021 and 6/30/2021, respectively. Unit 3 is vacant and would make a great owner's unit with 4 beds, 1 bath, in-unit laundry, and a roof deck. Electrical and gas service in the 3-family are separately metered, and the heating systems are newer. The first outbuilding is an open 2 bay garage with a 20x16 workshop above, connected to the 3-family structure through a large basement. A second outbuilding features a +- 38x20 garage/workshop area with a 1/2 bathroom on the first level, and an accessory space with 3 rooms, a full bathroom, and a kitchenette opening to a deck on the second level. This rare find is perfect for those looking for a mixed-use property in a booming area, ripe for redevelopment!

0.25 Acres lot

Features & Amenities

Area & Lot

  • Status Under Contract
  • Lot Area0.25 Acres
  • MLS ID72807524
  • TypeCOMMERCIAL
  • YEAR BUILT1900

Exterior

  • utilitiesPublic Water, Public Sewer

Financial

  • Sales Price$1,500,000
  • Real Estate Tax $11,122
  • Zoning Comm

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