$299,000
8110 S Cottage Grove Avenue S
Details
APN 20342230220000
Property Type Retail, Mixed Use
Sub Type Storefront
Units 3
Cap Rate 13.20%
NOI $53,979
Year Built 1923
Stories 3
Lot Size (SqFt) 2,675
Zoning COMMR
Retail | 13.20% CAP
Marketing description
Attractive Mixed use 3-unit located on busy Cottage Grove Avenue this building has two entrances, one on the left for the main floor commercial space which is currently rented to Heathland Alliance as a food pantry- Monthly rent $2,800. The 2nd floor unit is currently used as live work space - monthly rent $1,300. The 3rd floor is a 2bed 1bath apartment. There is a large indoor garage that can fit 4 cars that is used by first floor tenant. Each unit has Individual heating and AC. Great foot traffic, near public transportation, minutes from the express way, and the new Discover call center. Other nearby tenants include Chase, Walgreens, Garrett Popcorn, Dat Donut and many other restaurants.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,979.00
$4,498.25/mo
Valuation Metrics
0
DSCR
18.05%
Cap Rate
18.05%
ROI
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