19 S Carrollton Avenue

Description

Welcome to 19 S Carrollton Ave, a meticulously updated mixed-use building that presents an incredible investment opportunity in the heart of a thriving neighborhood. This property boasts a front store space with a half bath, providing an ideal setting for a business venture or additional rental income.Ascend to the top floor to discover a beautifully appointed 1-bedroom, 1-bathroom apartment with original hardwood flooring, currently rented for $1,050 per month, ensuring a steady income stream. In the back, youll find a rented efficiency with a full kitchen and bathroom, bringing in an additional $850 per month. The current cash flow totals $1,900 per month, with the exciting potential for even more income once the commercial space is leased.Each unit is equipped with separate heating and cooling systems, allowing for personalized comfort in every space. With three separate meters for gas and electric, utility management is streamlined for each unit, enhancing convenience for both residents and property owners.What sets this property apart is its fantastic location, just a block away from the newly renovated Hollins Market. The city has invested a substantial $2.5 million to revitalize this area, and the grand opening is eagerly anticipated for spring 2024. This prime location ensures not only a vibrant and attractive neighborhood but also promises increased property value in the future.This is not just a property; it's a smart investment opportunity. Imagine the potential to live in one unit while renting out the others, creating a steady stream of income. Don't miss out on the chance to own a piece of this rapidly developing area at an affordable price.Seize the moment and make 19 S Carrollton Ave your next real estate venture"a blend of modern convenience, strategic location, and the promise of a flourishing community. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.