Description
SERIOUS INVESTORS, THIS IS FOR YOU. RUNNING A 6.6% CAP RATE! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Fully rented with stable tenants. Positive income, leased tenants. There is room for rent to be increased. so opportunities are there. Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. This R-40 zoned property and grandfathered. Please do not walk property without an appointment. Call for more details.
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0BEDS
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1.14ACRES
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0BATHS
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01/2 BATHS
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5,017SQFT
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$439$/SQFT
School Ratings & Info
Description
SERIOUS INVESTORS, THIS IS FOR YOU. RUNNING A 6.6% CAP RATE! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Fully rented with stable tenants. Positive income, leased tenants. There is room for rent to be increased. so opportunities are there. Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. This R-40 zoned property and grandfathered. Please do not walk property without an appointment. Call for more details.
© 2023 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Gloria Nilson & Co Real Estate. Data last updated 2023-12-05T00:22:01.183.
Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of Susan Grace Mcgowan of Hometown Residential Realty Llc: (732) 583-8888.