1348 College St

PRIME COMMERCIAL INVESTMENT OPPORTUNITY! Take advantage of this income-producing property featuring three fully leased commercial buildings offering immediate cash flow and long-term investment potential! With a current 4.64% cap rate, this property generates $3,468 in monthly rental income, totaling $41,616 annually, with a Net Operating Income (NOI) of $30,138 per year. Enjoy the stability of an existing lease secured through December 2028, with two additional 5-year renewal options. Built-in 2.5% annual rent increases provide opportunities for continued income growth and long-term appreciation. Whether you're looking to expand your commercial portfolio or secure a reliable income-producing asset, this fully occupied property offers an excellent combination of established rental income, lease stability, and future upside. Don't miss this opportunity to invest in your future!