5284 Broadway Avenue, Gary, IN
Multi-Use for Sale - $385,000 - 20,000 Sq. Ft.
Property Info
CIMLS# | 1067725 |
Location 5284 Broadway Avenue Gary IN 46410 | |
Updated | February 11th, 2020 |
Type | Multi-Use |
Price | $385,000 |
Building | 20,000 Sq. Ft. |
Property Description
2 story multi-tenant apartment & commercial property. 9 apartments (7 1-bed & 2- 2-bed) and 5 commercial units.
Financials
Proforma Annual Gross Income = $ 132,500.
$ 59,500 net operating before debt service. This equals a 15% CAP rate.