
Description
Here is your chance to own a completely turn-key building with rental income from 2 apartments. 3648 S Park is located on a highly trafficked street close to Lake Ave with great visibility. Couple that with an eye catching look & accessibility, all you have to do is turn on the open sign. With renovation costs sky rocketing, this building can't be replicated for the price. Over the past 8 years, it has been gutted & includes numerous improvements. Mechanical updates include the roof, lower unit furnace and a/c, lower unit plumbing and electric, both apartment furnaces & HTWTs. Other major capital improvements include 40lb grease trap, hood & ansul system, both front & back concrete pads and railings (inquire for complete list). All kitchen equipment is included in the sale (inquire for list) & all apartment appliances are retained by the new owner. The building has completely separate utility services for each unit other than water. The upstairs hosts a private office & two apartments that are immediate income generators with great tenants on short term leases.Come take a look & launch your vision to become THE destination in the area.Be sure to watch the virtual Tour!
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
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3,780SQFT
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$104$/SQFT
Description
Here is your chance to own a completely turn-key building with rental income from 2 apartments. 3648 S Park is located on a highly trafficked street close to Lake Ave with great visibility. Couple that with an eye catching look & accessibility, all you have to do is turn on the open sign. With renovation costs sky rocketing, this building can't be replicated for the price. Over the past 8 years, it has been gutted & includes numerous improvements. Mechanical updates include the roof, lower unit furnace and a/c, lower unit plumbing and electric, both apartment furnaces & HTWTs. Other major capital improvements include 40lb grease trap, hood & ansul system, both front & back concrete pads and railings (inquire for complete list). All kitchen equipment is included in the sale (inquire for list) & all apartment appliances are retained by the new owner. The building has completely separate utility services for each unit other than water. The upstairs hosts a private office & two apartments that are immediate income generators with great tenants on short term leases.Come take a look & launch your vision to become THE destination in the area.Be sure to watch the virtual Tour!
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Serota Real Estate LLC are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-07-06T18:15:15.157.