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510 E 8th Ave
Homestead, PA 15120
Asking Price
$745K
Cap Rate
9.87%
Asset Type
Mixed-use
Class
Class B
What's Special
<ul><li>1 retail space, 4 residential units</li><li>Leased retail space to magistrate's office</li><li>Four residential apartments (three rented units and one owner-occupied unit)</li><li>Extra lot included with a total of 14 parking spaces</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
10.74%
DSCR
1.81
Strong
Cash-on-Cash
16.00%
Monthly Payment
$3,685.854
Annual Cash Flow
$35,769.758
