Calling all investors. Don't miss this unique opportunity to scale your multi-Family investment portfolio with one purchase. This building is comprised of 7 one bedroom, one bathroom units. Current rent roll is $84,180 with an opportunity to raise rents to produce at least $98,000 in rent roll. With a rent roll of $98,000 your CAP Rate would be approx 11%. Approximate expenses per owner are $26,581. Current owner has an inhouse property manager that has been managing the property for years. There will be no normal showings, we will only work to make arrangements with serious vetted investors. Please do not disturb the occupants or try and enter the property.
Property Type :
Multi-Family
County :
BURLINGTON
Style :
Multi-Family
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ByOwner last updated this listing 04/27/2024 @ 05:34
MLS: NJBL2057604
LISTED BY: Thomas M Santoro Jr. , Keyvest, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: 2.5% to the buyer agent minus $200
