Multifamily For Sale • 15,538 SF
| 16-unit, multifamily investment portfolio in Linden, New Jersey |
| Value-add opportunity with 12% below market rents |
| Additional income is generated through a Verizon antenna lease and on-site laundry facilities located at Elm Street Apartments |
| Both assets are located within walking distance to the Linden Train Station and downtown area |
| Elm Street Apartments has the ability to convert one-bedroom apartments into two-bedroom apartments |
| Luttgen Place Apartments was constructed in 2010 with large open floor-plans with condo quality finishes, separate utilities, and washer/dryer |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Linden (North Jersey Coast Line - NJ TRANSIT RAIL, Northeast Corridor - NJ TRANSIT RAIL) | 2 min | 12 min | 0.7 mi |
| Roselle Park (Raritan Valley Line - NJ TRANSIT RAIL) | 7 min | - | 2.8 mi |
| Airport | Drive | Walk | Distance |
| Newark Liberty International | 18 min | - | 10.8 mi |
| LaGuardia | 50 min | - | 31.3 mi |
| John F Kennedy International | 49 min | - | 33.9 mi |