$220,000

Residential · MLS® A2281915
2Bedrooms
1Bathrooms
870Sq Ft
4Garage
1928Year Built
02 / Overview

PROPERTY OVERVIEW

HC (HAMLET Commercial)Zoning : HUGE attached shop (39 Ft. X 38 Ft.) 1482 SQ. FT. with HIGH Ceilings and TWO OVERHEAD DOORS( #1 - 8 Ft High x 9 Ft. Wide #2 Door 9 Ft High x 12 Ft. Wide ). with bathroom.Was an automotive repair shop . The front portion was a reception area with bathroom .

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area870 sq ft
Lot Size7,280 sq ft
ZoningHC Hamlet Commercial
HeatingCeiling • Wall Furnace
CoolingNone
ParkingOff Street • Quad or More Attached
ExteriorPrivate Yard • Storage
BasementNone
Year Built1928
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$648After mortgage & expenses
Cap Rate8.0%Based on market rents
Cash on Cash Return17.7%With 20% down payment
Est. Monthly Rent$1,623Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by Ernest Gardy · RE/MAX House of Real Estate