119 W Grand Street

A Remarkable Investment Opportunity for Serious Investors! Whether you're looking to start, expand, or diversify your investment portfolio, this impressive 5-unit income-producing property deserves your attention. Featuring long-term tenants and a potential annual gross income of over $68k when fully occupied, this property offers a solid income opportunity with additional potential for rental increases. Tenants are responsible for their own expenses, with the exception of water, which is included with all units rent fees. Conveniently located near major streets, schools, parks, and shopping centers, this property combines accessibility with excellent investment potential. But the opportunity doesn't end with the five existing units! The rear building offers exciting possibilities for further expansion. With the potential to be converted into an additional 2-bedroom, 1-bathroom unit with separate utilities, this space could generate an estimated $1,350 per month in additional rental income. That's an estimated $84,900 in potential annual gross income when all six units are occupied at the projected rental rates! For investors who understand the numbers, this property presents an opportunity to maximize cash flow, increase rental income, and build long-term portfolio value. The numbers speak for themselves, and the potential is worth exploring! Schedule your private showing today and discover what this unique investment opportunity could mean for your portfolio. A quick professional note: Buyer(s) along with buyer's agent to verify with proper local authorities that the rear building can legally be converted into a separate residential unit, all subject to necessary approvals by local zoning, permits and building ordinances. Contact Showing Time or call for your private showing, please allow 48 hrs. All offers welcome. WEEKEND SHOWINGS ONLY. PLEASE NOTE: All dimensions, including square footage data, are approximate and must be verified by the buyer and or tenant. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and the agent assumes no responsibility for the correctness thereof. The sale offering and or rental is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, age, familial status or disability. This is not intended to solicit property currently listed. This includes property taxes which are subject to change as they may increase in price from one year to another. Buyer and buyer's agent are responsible for confirmation and accuracy.