1488 PEARSON AVENUE SW

Description:

Property Sale Description Unique mixed-use investment opportunity featuring three separate buildings on one property. The commercial building, formerly home to a long-standing flower shop, offers retail space with a metal roof approximately 3 years old and HVAC approximately 5 years old. Some furniture, fixtures, and appliances from the former flower shop remain with the property. The residential portion includes a 3-bedroom, 1-bath home currently rented for $950 per month through Section 8, providing immediate rental income. A separate 1-bedroom garage apartment offers additional income potential but needs repairs and updating before occupancy. This property offers a combination of commercial space, existing residential income, and additional value-add potential. Ideal for an investor, owner-user, or buyer seeking multiple income streams from one property.