- Sold Conditional -

1865 Davenport Rd

Sold Conditional

Property Description

8.18% CAP RATE! NEWLY RENOVATED MIXED-USE BUILDING! This property offers an exceptional cap rate, making it an attractive opportunity for investors seeking a high income-generating asset. The building features one retail unit at grade, tenanted by a barbershop, as well as two spacious one-bedroom apartments on the second floor and two two-bedroom apartments on the first floor and basement. There are currently three vacant residential units. The building is 2,092 square feet with an additional 900-square-foot basement apartment. Basement unit is vacant.

Property Details

Price

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Property Type

Mixed-Use

Community

Carleton Village

Square Footage

2,092

Lot Size

14.21' x 111.83'

Agent Information

Steven Lorenzi

Vice President
Sales Representative

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Josef Khoudatov

Founder & President
Broker of Record

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Evan Graves

Senior Vice President
Sales Representative

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David Gonzalez Manchola

Vice President
Sales Representative

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Property Location