884 East Michigan Street

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884 East Michigan Street

Orlando, FL 32806
Asking Price
$1.61M
Asset Type
Storefront Retail
Class
Class B

What's Special

Orlando/SODO/Storefront/includes 2 homes/potential for rezoning/MF/elevation 30+ft <p>3 Block buildings 1 zoned commercial currently used for retail/ Purchase includes 2 single family homes (or homesites/ knock it down and build up. New SFH construction selling for $700,00+)-Main Road/Currently operating as a well loved Thrift Store.</p>

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NOI
$80,000
Cap Rate
4.95%
DSCR
0.83
Underwater
Cash-on-Cash
-3.28%
Monthly Payment
$7,990.139
Annual Cash Flow
$-15,881.666

Location & Travel Times