Investment Overview
SVN is pleased to present 2921-2923 W. Liberty Avenue, an established mixed-use property located in Dormont's desirable business district. The building has been very well maintained and consists of two street-level retail commercial storefronts, two one-bedroom apartments, a full basement with storage and laundry, and rear (off-street) parking for approximately 4 vehicles. Residential Units feature hardwood floors, fireplaces, balconies and rear access to off-street parking.
The property is currently 100% occupied; the current owner /hair salon willing to execute a 2 year lease upon sale. This turn-key investment generates $56,400 in stabilized annual gross rental income. Recent improvements include the replacement of the first-floor commercial tenant’s AC unit approximately four years ago and the replacement of the first- and second-floor water heaters within the last year.
Investment Highlights
- 100% Occupied Mixed-Use Investment opportunity
- (2) Retail Spaces / (2) 1 bedroom Apts
- Desirable Dormont Location within the Dormont Business District
- Amenities: 4 Onsite Parking spaces / onsite Laundry / storage
- Turn-Key Well Maintained Opportunity