Recent Capital Improvements: New roof installation and comprehensive renovation of one apartment unit, reducing near-term capital expenditure and enhancing overall asset condition.
Two 2-Bedroom Residential Units: Well-configured apartment layouts providing stable rental income potential and diversified tenant demand.
Supplemental Billboard Income: Additional revenue stream generated from on-site billboard, enhancing overall cash flow and return profile.
Multiple Income Streams: Combination of residential tenancy and ancillary billboard revenue supports diversified and resilient income generation.
Business-Local (B-L) Zoning: Favorable zoning designation allowing for a range of commercial uses, providing operational flexibility and long-term redevelopment potential.
High-Traffic Location (±14,800 VPD): Strong daily traffic counts along Route 138 (South Main Street), supporting visibility and tenant exposure.
Prime Retail Corridor Positioning: Located within an established and active retail corridor, directly adjacent to a Dunkin’/Subway strip center, driving consistent consumer traffic.
Prominent Multi-Street Intersection: Situated at a five-point intersection, offering exceptional frontage, accessibility, and exposure from multiple ingress and egress points.
Municipal Utilities in Place: Serviced by public water, public sewer, and natural gas, supporting operational efficiency and future scalability.