$689,000
26-28 Parker St
Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building, Multifamily
Square Footage 6,708
Units 7
Cap Rate 7.18%
NOI $92,400
Tenancy Multi
Price per SqFt $103
Year Built 1920
Buildings 2
Acreage 0.170
Zoning B1
Investment Type Value Add
Multifamily | 7.18% CAP | 7 Units
Marketing description
We are pleased to present a prime mixed-use investment opportunity featuring approximately 7,597 square feet of gross building area.
The property consists of two street-level commercial storefronts, three residential apartments above the commercial space, and a separate rear two-family dwelling.
Mixed-Use Investment Property featuring 5 Residential Units and 2 Commercial Spaces across 2 separate buildings. 6,708 SF total building area on 7,597 SF lot. Brick construction, 2-story with basement. B1 zoning allows retail, office, and residential use.
Investment highlights
- B1 Mixed-use Zoning - Commerical & Res
- 2 Separate Buildings - Multiple Income Stream
- 5 Residential Units + 2 Commercial Spaces
- 6708 SF Total Building Area 7,597 Lot
- Brick Exterior Construction - Built to Last
- Currently Generating $5,000/Month Gross
- Year Built: 1920
- Value-Add Oppertunity
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$92,400.00
$7,700.00/mo
Valuation Metrics
0
DSCR
13.41%
Cap Rate
13.41%
ROI
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