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$ 1,999,000
Est. payment | /mo
8 Beds
6 Baths
$ 1,999,000
Est. payment | /mo
8 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 596187
Bedrooms 8
Full Baths 6
Year Built 1988
Annual Tax Amount $21,915
Tax Year 2024
Property Sub-Type 4 - 10 Units
Property Description
8-Family Apartment Building (2 - 4Plexes) Income Producing Multi-Family Rental Property - All units Fully Occupied and Completely Renovated - Total Current Monthly Rent Roll - $15,970.00 - includes rents for all apartments. Buyer pays for CO and other City costs to Close. Gross Rental Income - $191,640.00.00 Expenses - $31,591.00 - Net Yearly Rental Income - $160,049 - Cap Rate 8.0% - Code Enforcement Requirements are in Good Standing, Certificates of Occupancy all current. Several Value-Add Opportunities. Buyer pays for CO and other City Costs to Close. As is Sale.
Location
State NJ
County Atlantic
Community Pleasantville
Area Pleasantville City
Location Details Corner
Rooms
Other Rooms Dining Area, Dining Room, Laundry/Utility Rm, Living Room
Basement 6 Ft. or More Head Room, Finished
Interior
Heating Electric, Gas-Natural
Exterior
Exterior Feature Stucco, Wood
Parking Features Attached Garage, Three or More Cars
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by New and Modern
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