3400 Rosedale Avenue

Description

ENDLESS OPPORTUNTIES WITH THIS LUCRATIVE INVESTMENT OPPORTUNITY IN LAURELDALE - 2 PARCELS, 2 UNITS, 1 SALE!Video tours are available for both units. This meticulously maintained 3 story brick detached residential building has tons of potential and is in an excellent location. For the last 24 years the owner has utilized the 1st floor unit to operate a very successful beauty salon. As of December 31, 2020 the owner will be retiring and closing the business. An integral service provider for more than two decades, the closure will lead to clients looking elsewhere for their beauty needs. Could that someone be you? Beauty salon equipment is also available for sale if the buyer wants to keep the function of the lower level the same. Not interested in a salon, perhaps an insurance, accounting, financial advisory, real estate, massage therapy, or small doctors office...or turn it into another rental unit.The second and third story serve as a rental unit. Tenant is on month to month lease (lease expired and no renewal) and would like to stay in the unit upon the buildings purchase. Tenant pays $550 a month including heat (FMV would be approx.. $1,000-$1,200). Tenant has immune deficiencies and had surgery recently, see impact on showing procedures below.Let's talk mechanicals...this property was switched from oil to natural gas about 8-12 years ago increasing the efficiency and lowering the cost of utilities. Equipped with a rubber roof this building is ready to weather the storm; owner is in process of securing a certification of the condition of the roof including an estimation on how many more years left until replacement. Separate electric, water heater, and air conditioning source for both units (1st floor is central AC, 2nd/3rd floor is window units), making it easy to track and bill separate tenants.PLENTY OF PARKING! The second parcel included in the sale is the adjacent parking lot which can comfortably fit about 10 cars in with plenty of maneuverability. Feeling extra ambitious? Build an additional structure on your vacant piece of land!This property also includes updated exterior steel stairs to the upper unit, and a handicap accessible ramp. Both have been certified as L&I ensuring all compliance and integrity of the upgrades.COVID/SHOWING NOTES: The tenant is an older gentleman with pre-existing conditions and just had surgery. While the goal of the sellers is to sell the property the safety of their tenant is of paramount importance. As such we have developed protocols that must be adhered to NO EXCEPTIONS1. COVID Health and Safety forms must be sent to Brett Rottmann (Listing Agent) prior to showing2. Video tours are available, we are asking that only serious buyers view the upstairs apartment to limit contact.3. Buyers and their agents must wear masks and gloves at all times while in the upper unit, gloves are not required for lower unit.4. Owner contact will most likely be onsite for all showings depending on schedule to ensure all the above are being adhered to.5. Tenant will be staying in their bedroom during showings, if absolutely necessary you may pop your head in during the showing but we are asking all to stay out of the room (video of room is available on virtual tour). Please note that if your request to show is accepted during beauty salon operations only one can walk through at the time as she is limited to 3 people in the building (Her, her client, and one of the buyers or agent).I understand that the above may be an inconvenience but the safety of my clients and their tenant is my primary concern, please follow the rules! Your willingness to comply is greatly appreciated, please call with any questions or concerns.