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Wonderful three unit c.1930 stucco and cedar shake Mediterranean-style home. A nice investment opportunity, or live in one unit and let the other two pay the mortgage Unit A is on the first and second floors with two bedrooms, front and back private patios and two sheds for storage. Unit B and Unit C are one bedroom apartments, both with private entrances. All units have dedicated parking, laundry facilities and plenty of closets. Located on a quiet street within walking distance to Stockton's shops, restaurants and the towpath. Well maintained, with a good rental history!
Big money maker. Recession-proof income. Long-term owner retiring. Earn 20.5% cash-on-cash from a completely turn-key, high occupancy, budget-priced housing facility. Exceptionally well-maintained: 30 sleeping rooms, 7 baths, 6 storage garages, off-street parking. All rooms equipped with refrigerators, microwaves, air conditioners, TV with cable included, WiFi internet, and furnishings. Average rent per-room is $600/month. No rent control, 60% of tenants stay two years or longer. Bank appraised in 2012 at $1.3MM New Roof, windows, fire-rated room doors, updated electric, carpet, lighting, bathroom fixtures, etc.: all completed in 2003. Natural gas conversion for heat and hot water: 2012. This completely unique, 30-unit rooming house is properly licensed and inspected by the State of New Jersey. All inspections are current and free of violations Owner relocating out of state. Make money from your very first day. This is completely turn-key. There is a proven system in place for your continued success. Complete actual financials, floor plans, and bank appraisal are available. Shown by appointment.
9.5% CAP RATE!! Nicely updated and fully occupied turn-key 5 Family! Additional 8 Family (MLS # 3129730) also available!
$73,680 ANNUAL GROSS INCOME! Fully rented and nicely updated, turn-key 8 unit apartment bldg on a large .29 acre lot w/ off street pkg + 5 garages! Roof replaced in 2006. Add'l 5 FAM also available! (5 FAM is MLS # 3129760)
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9 UNITS APTS.ULTRA MOSERN BUILDING,MAINTENANCE FREE EXT. CLEAR CERTICATE OF OCCUPANCY, TENANATS PAY ELECTRIC & HEAT.,WATER &SEWER.DECKS ON 2ND & 3RD FLOORS.8 2/BR APTS. LAUNDRY IN BLDG. PARKING FOR 12 CARS. PARKING LOT JUST RESURFACED.GROSS INC.75,000.
$1,080,000Size Upon Req.
Rare opportunity to purchase a 15 unit apartment building with approvals to be provided by Seller. Approved project will include 15 - 2 bedroom apartments 1,250 sf in size with each unit having 1 1/2 bath and on site parking. The sale will be contingent upon the Seller completing the approvals.
Redevelopment area. Property has been approved for at lease 40 units of multifamily housing. Currently used as a modern, upgraded office building. Ideal for medical or professional use. 18000 SF on 2 floors, loading dock, warehouse area. This is also in a redevelopment zone for multifamily development. 40 units are currently approved per zoning
This property consists of 7 1 bedroom units with bedroom/kitchen and living room, 5 individual rooms with a shared bathroom. In addition there is one retail space which is leased to a barber shop. All leases are month to month.
4 story 4 unit apartment building. This property consists of 3 residential apartments and 1 first level retail or office space. The current owner occupies this space as an office.