Exceptional Investment Opportunity for investors seeking strong cash flow and future upside - Mixed-Use Property with Two income-producing Residential Units and an Office Building with Redevelopment Potential This property features two residential units providing immediate rental income and a 5,260 sq. ft. commercial building offering significant long-term potential. 184 Wolcott St - A 3-bedroom, 1-bath single-family home (1,021 sq. ft.) with central air, a detached garage, and a .36-acre lot. Currently occupied by long-term tenants paying below-market rent, with a rent increase scheduled for January, ensuring near-term revenue growth. 160 Wolcott St, Suite 2 - A renovated 4-bedroom, 2.5-bath Cape with washer/dryer hookups, central air, and ample parking. Features include two first-floor bedrooms, a finished basement, and a private entrance, making it ideal for stable, long-term tenancy. 160 Wolcott St, Suite 1 - A 5,260 sq. ft. office building with 40 car parking, previously leased to ProHealth for $7,500/month through September 2025. With high visibility (10,900+ daily traffic), front lobby, multiple access points, elevators, conference rooms and a full basement, this property is perfectly suited for medical, professional, or mixed-use tenants. Zoned for multipurpose use, it also offers redevelopment potential-including conversion to multifamily residential.
Commission structure not available, using default of 2.5%
Make OfferHridya Puthieduth, RE/MAX Right Choice
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.