This nine family mixed used building is located in the heart of downtown Mount Vernon. The current owner is using the two storefronts as one large coffee and catering hall. We are valuing the rent for this 4000-5000 square foot space at approximately $8,000 per month plus utilities. There are also nine apartments in fair condition. All the apartments offer a large living room, full bath, kitchen, bedroom and plenty of closets. The current tenants are up to date on their rents and are paying well under market. This building is ETPA regulated and registered through 2020. The expenses including taxes, heat, water, electricity, exterminator, insurance are approximately 60K per year. This is perfect for an owner user. The current owner would be willing to hold a mortgage with a substantial down payment. Ask for more details. Call today, will not last.
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