70 Queen - 3 parking spaces
|Catylist Listing ID:
|Gross Land Area:
||Cash to Seller
Overview / Comments
These spaces are the first twelve on the west side of the lot, closest to Queen. Space 11 is not owned by the seller, but the owner is in the process of swapping his space to a different one to allow a contiguous group. Currently the spaces that are rented short term are managed by HAH parking app. Regime is expected to be about $60 per year per space ($40 for insurance, $20 for reserves for eventual repaving).The only other expense will be property taxes as the gross income noted as already seen the management fee taken out. Seller began having non payers towed in the middle of May 2021 and has seen a drastic increase in income. It went from a $14 per day per space average in daily income to $30 per space per day in daily income.
||51 - Peninsula Chas. inside of crosstown
||GB - General Business
|Property Located Between:
||Meeting and King
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