1500 North Main Street

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1500 North Main Street

Palmer, MA 01069
Asking Price
$575K
Asset Type
Storefront Retail
Class
Class B

What's Special

Mixed-Use Income Property <ul><li>​<strong>Established Mixed-Use Property</strong> with multiple income streams already in place.</li><li>​<strong>Current Gross Income of Approximately $5,000+/Month</strong> from a combination of commercial and residential tenants.</li><li>​<strong>Income-Producing From Day One</strong> with existing leases and occupancy.</li><li>​<strong>Diverse Tenant Mix</strong> reduces reliance on a single occupant and provides stability.</li><li>​<strong>Prime Main Street Location</strong> in the h

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NOI
$80,000
Cap Rate
13.91%
DSCR
2.34
Strong
Cash-on-Cash
26.59%
Monthly Payment
$2,844.786
Annual Cash Flow
$45,862.565

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