Listed by Charis Realty Group
$425,000
436- 442 N Centre St
Details
APN 0105018870
Property Type Retail, Multifamily
Sub Type Apartment Building, Commercial
Square Footage 5,959
Units 2
NOI $29,700
Tenancy Multi
Price per SqFt $71
Year Built 1890
Acreage 0.120
Zoning R-O
Parking Spaces 5 spaces
Parking per 1,000 SqFt 0.84
Ownership Fee Simple
Retail | 5,959 SqFt
Marketing description
Investment property fully occupied with one additional space to renovate: 436 Apt 1 - residential/upstairs - 1 bedroom - currently rented 436 Apt 2 - residential/upstairs - 1 bedroom - currently rented 438 - commercial unit/downstairs, currently has Co-Space/yoga studio in there 440 - residential/upstairs - 2 bedroom - currently rented 442 - commercial unit/upstairs - currently has Permanent Solutions hair salon 1 car garage - being rented by Co-Space/yoga to expand yoga studio 21 Euclid (around back) - residential/upstairs - was previously a 1 bedroom apartment, currently gutted, ready to start renovations. Gross rent in 2024 is $55,020.
Investment highlights
- Lot Size Sqft: 5400
Listing Contacts
Listed by Charis Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$29,700.00
$2,475.00/mo
Valuation Metrics
0
DSCR
6.99%
Cap Rate
6.99%
ROI
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