Investors collect 2 incomes, perfect opportunity to own a high-income producing multi-use all brick building with a 6% cap rate. Total monthly income is $6,800. High visibility professional location on the corner of Richmond Ave and Sycamore St. Legal use for this property is 1st floor dental office and 2nd floor residential, both with separate addresses creating privacy for each use. The apartment features 3 bedrooms, living room & dining room combination, eat-in kitchen, and full bath. The medical suite has a long lease with opportunity to extend. Expenses include taxes, insurance, landscaping, repairs, and heat.
If you are familiar with the Staten Island real estate market, chances are you’ve heard of Marguerite Holton. She has been a real estate agent for 37 years, and since then she has built an empire while becoming a community pillar. Marge has made many valuable partners, contacts, and lasting friendships along the way. She prides herself on building and mentoring a team with unique skill sets and pivotal roles in the business. Her expertise spans many facets of real estate including residential and commercial, with an unparalleled experience in helping buyers and builders with new home construction. If you have any doubts just give her a call and see how she goes above and beyond the expectation of a client/ broker relationship, she does not disappoint!