| Address: |
969 - 971
Cummings Avenue |
| Price: |
$579,000.00 |
| Zoning: |
Residential
to be confirmed. The property is surrounded by the development of
stacked townhouses now being built. |
| Description: |
Two
buildings. 961 is a building with a convenience store and lunch bar
on the ground floor with a three bedroom apartment above.
971 is a four-bedroom house. Lot has 100 foot
frontage to a depth of 135 feet on the south side. |
| Income: |
Convenience
store $2200 per month plus utilities.
Three-bedroom apartment $895 plus utilities.
Four bedroom house $1125 per month plus utilities.
Less real estate taxes of $4147.44 (2007).
Net income: $46,492.56. |
| Comments: |
Please
see survey attached.
Possibilities for redevelopment or to carry on with
a very good house and rental income. |
