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S Hill Rd
Erie, PA 16509
Asking Price
$595K
Asset Type
Residential Land
Class
Class B
What's Special
20.678± Acre Residential Development Site <ul><li>20.678± Acre Residential Development Site</li><li>Zoned R1, Single Family Residential In Millcreek Township</li><li>Frontage On South Hill Road & Cherry Street Extension</li><li>Existing Curb Cut Off South Hill Road (Across From 891 S. Hill Road)</li><li>Public Utilities Available</li><li>Ideally Located Just 5 Minutes (±2 Miles) From I-90 At Exit 27, the Millcreek Mall Complex & Peach Street Retail Corridor</li><li>Millcreek School District - Belle Valley Elementary</li><li>Idea
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NOI
$80,000
Cap Rate
13.45%
DSCR
2.26
Strong
Cash-on-Cash
25.03%
Monthly Payment
$2,943.735
Annual Cash Flow
$44,675.176
