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618 North 1st Street
Richmond, VA 23219
Asking Price
$695K
Asset Type
Restaurant Retail
Class
Class B
What's Special
2 Story Mixed Use Duplex Available in Jackson Ward <ul><li>MOVE-IN READY GROUND FLOOR RESTAURANT WITH REAR PATIO/COURTYARD</li><li>FULLY RENOVATED IN 2016</li><li>3 OFF-STREET PARKING SPACES</li><li>POTENTIAL TO EXPAND BUILDING FOOTPRINT</li><li>IDEAL FOR OWNER OCCUPANT</li></ul>
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NOI
$80,000
Cap Rate
11.51%
DSCR
1.94
Strong
Cash-on-Cash
18.58%
Monthly Payment
$3,438.481
Annual Cash Flow
$38,738.23
