Description
Great opportunity with instant cashflow from triplex and convenience store business located in a high traffic area right on the corner of Lodi St & Ash St. This property offers multi-sources of income. The sale contains a triplex located at 1506 Lodi t and the convenience store located at 1504 Lodi St. Triplex contains 1 x 1 bed & 1 bath apartment with rent rate 500 per month, 1 x 2 beds & 1 bath apartment with rent rate 600 per month, 1 x 3 beds and 1 bath apartment now vacant (was rent 800 per month). Tenants are on month-to-month lease and pay for their utilities. 3 Separate gas meters and 3 separate electric meter. Current owner is the owner of the convenience store, located at 1504 Lodi St. Convenience store business generates gross income approximately 80,000 annually. Freezers, refrigerator and inventory will be conveyed with the sale. Convenience store has its own electric meter, no gas meter.
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
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2,925SQFT
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$79$/SQFT
Description
Great opportunity with instant cashflow from triplex and convenience store business located in a high traffic area right on the corner of Lodi St & Ash St. This property offers multi-sources of income. The sale contains a triplex located at 1506 Lodi t and the convenience store located at 1504 Lodi St. Triplex contains 1 x 1 bed & 1 bath apartment with rent rate 500 per month, 1 x 2 beds & 1 bath apartment with rent rate 600 per month, 1 x 3 beds and 1 bath apartment now vacant (was rent 800 per month). Tenants are on month-to-month lease and pay for their utilities. 3 Separate gas meters and 3 separate electric meter. Current owner is the owner of the convenience store, located at 1504 Lodi St. Convenience store business generates gross income approximately 80,000 annually. Freezers, refrigerator and inventory will be conveyed with the sale. Convenience store has its own electric meter, no gas meter.
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