3106-3110 Washington Street consists of a three-story building with four units comprised of two commercial units and two 4-Bedroom/1-Bathroom residential units. The commercial units are leased to Miheli Wireless and Tony’s Barbershop. Miheli Wireless has been at this location since 2019 and has 2+ years remaining on their lease with one (1), 5-year renewal option. Tony’s Barbershop has been at this location since 2017 and just exercised their renewal option demonstrating their commitment to the site and the market. They have 5 years remaining on their lease. Both commercial leases call for attractive 3% annual increases in rent, providing a steady hedge against inflation. 3106-3110 Washington Street offers the opportunity to acquire a well-located asset in one of the strongest real estate markets in a region that is poised for future growth.
Listing courtesy of Listing Agent: Dennis Kelleher from Listing Office: Horvath & Tremblay.
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