Active

$489,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 2478 sq ft
Overview
  • ID: MFRO6275825
  • Bedrooms:
  • Bathrooms: 0
  • Size: 2478 sq ft
Property Details
Remarks
Property is located within the Ridgewood Development District, which is designed to encourage the development and redevelopment of the Ridgewood Avenue corridor. It is intended to accommodate a mixture of office, commercial, warehouse/storage, and limited industrial uses. please see attached list of permitted uses. The property is currently leased as 3 apartments plus a large storage yard that has an RV pad with full water, electric, and sewer hookups. Commercial Zoning, Approved for Mixed-Use Including Hotel/Motel, Retail, Apartments, Storage, and Residential. Apt 1, featuring 1 bed/1 bath, is currently leased at $995. Apt 2, offering the same layout, commands $950/month. Apt 3, boasting 2 beds/2 baths is leased at $1,595 monthly. Storage yard was leased at $700 per month. Landlord pays water and tenants pay electric.
Financial Considerations
Price:
$489,000
HOA Fee:
N/A
Tax Amount:
$6211.48
Price per SqFt:
$184.67
Tax Legal Description:
LOTS 1 & 28 BLK 16 ALLANDALE MB 4 PG 146 PER OR 4813 PG 0599 PER OR 7074 PG 4520 PER OR 7718 PG 3632 PER OR 8269 PG 4714
Exterior Features
Lot Size:
15750
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Hotel/Motel
Style:
N/A
Year Built:
1950
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    5310 S RIDGEWOOD AVE
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