Listed by RIPCO Real Estate
$3,600,000
1838 Westchester Avenue
Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 5,852
Units 6
NOI $235,102
Year Built 1920
Stories 3
Lot Size (SqFt) 2,550
Zoning R5, C2-2
Multifamily | 6 Units
Investment highlights
- 6-unit building comprised of two (2) storefronts and four (4) free-market apartments.
- Great visibility. Asset is conveniently located in the high foot and vehicular traffic area.
- Property generates strong cash flow with future end-user retail potential.
- Corner fully leased mixed-use building.
Listing Contacts
Listed by RIPCO Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$235,102.00
$19,591.83/mo
Valuation Metrics
0
DSCR
6.53%
Cap Rate
6.53%
ROI
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