504 E 8th Ave

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504 E 8th Ave

Homestead, PA 15120
Asking Price
$395K
Cap Rate
11.03%
Asset Type
Mixed-use
Class
Class B

What's Special

<ul><li>​1st floor retail space and 2nd floor Office/Warehouse Space</li><li>​Leased retail/kitchen space to catering company</li><li>​Versatile second-floor office/warehouse space</li><li>​All utilities paid by the tenant</li><li>​Situated in the rapidly developing East 8th Avenue corridor, less than 1 mile and a 5 minute drive from the Waterfront</li></ul>

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

Location & Travel Times