Listed by The North Shore Realty Group
$1,350,000
Used Car/Repair Garage/Two Unit Apartment
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 6,800
Units 4
Cap Rate 10.96%
NOI $147,900
Occupancy 100%
Tenancy Multi
Price per SqFt $199
Class B
Year Built 1930
Year Renovated 2024
Buildings 1
Stories 2
Acreage 1.800
Zoning CB
Parking Spaces 100 spaces
Parking Per SqFt 14.71
Occupancy Date 03/01/2026
Mixed Use | 10.96% CAP | 6,800 SqFt
Marketing description
Prime Investment Opportunity. Two Leased Deleaded, Residential Units with two parking each for a total of four parking spaces. Auto Dealer/Detail leased, Auto Repair Garage Leased. Auto Dealer Permitted for 80 cars.
Investment highlights
Residential Units monthly Income $2,950.00. Auto Dealer’s monthly income is $7,500.00. Auto Repair Garage's monthly income is $3,000.00 for a total of $161,400.00. Yearly Expenses are approximately $13,500.00, for an Estimated Net Income of $147,900.00.
Listing Contacts
Listed by The North Shore Realty Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$147,900.00
$12,325.00/mo
Valuation Metrics
0
DSCR
10.96%
Cap Rate
10.96%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
