124 W State St

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124 W State St

Montrose, MI 48457
Asking Price
$74K
Asset Type
Day Care/Nursery Retail
Class
Class B

What's Special

Retail | 2,415 SqFt <p>Awesome 2-unit structure with a large 2-bedroom apartment above and a pizza shop with office on the main level. This has not been used since 2010 but everything seems to be in working condition and ready to be cleaned up and started again! </p>

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NOI
$80,000
Cap Rate
108.11%
DSCR
18.21
Strong
Cash-on-Cash
340.57%
Monthly Payment
$366.112
Annual Cash Flow
$75,606.661

Location & Travel Times