$700,000
7 Unit Apartment Building, in a desirable rental market. 4 studios, 1 one bedroom and 2 two bedrooms, one of the 2 bedrooms has 2 bathrooms the rest have 1 Basement houses all mechanicals, has been left empty and clean by current landlord All roofing replaced in the past 5… Read More years Fully Tenant Occupied Gross Annual Income = Approx. $85,000 (leases include flat rates for utilities) 5 of the 7 leases expire this year. 5 of those could have rent raises to closer to market value. 2024 P&L Sheet available upon request. Professionally managed by Realty Solutions with easy transfer of services to new Landlord Owner. 881 Cooper Land/Frontage - (Subdivision will be needed to complete sale) Land Sale separately listed on: Loopnet Costar Crexi Read Less
Courtesy of Jeffrey D DeLoach, Realty Solutions LLC 856-547-7447
Listing Snapshot
Days Online
464
Last Updated
Property Type
Commercial
Square Ft.
5,500
Lot Size
0.67 Acres
Year Built
1950
MLS Number
NJGL2055712
Additional Details
Building
Built in 1950, 3 stories, Construction Materials: Frame
Cooling
Window Unit(s)
Accessibility Features
None
Heating
Baseboard - Electric
Lot
0.67 acres, Dimensions: 100.00 x 290.00
Owner Pays
Taxes - Real Estate, Snow Removal, Miscellaneous, Lawn/Shrub Care, Insurance, Gas, Electricity, Common Area Maintenance
Roof
Shingle
Sewer
Public Sewer
Taxes
Annual Amount: $15,171, Lot: 00001, Year: 2024, Zoning: COMM
Utilities
Electric Available, Natural Gas Available, Sewer Available, Water Available, Water Source: Public
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Alysia De Stefano
REALTOR®

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