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510 West Walnut Street
Decatur, TX 76234
Asking Price
$539K
Asset Type
Traditional Office Office
Class
Class B
What's Special
Close to Downtown Decatur! <p><span style="color: rgba(0, 0, 0, 1)">Quaint, classy, and withstanding the test of time! This Home located on W Walnut in Decatur and is walking distance to the historic downtown Decatur square. The home sits in the designated historic corridor with the City of Decatur and considered part of the downtown district and is zoned C1. The property is currently a lived in residence and used residential, but with the right idea, the property could be a great commercial space long term in the growing
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NOI
$80,000
Cap Rate
14.84%
DSCR
2.50
Strong
Cash-on-Cash
29.68%
Monthly Payment
$2,666.678
Annual Cash Flow
$47,999.865
