Investment Opportunity - Fully Occupied 5-Unit Rental Property This well-maintained 5-unit rental property is an excellent investment opportunity. It offers a diverse mix of unit sizes to attract a range of tenants. The property is generating solid rental income, and the current tenants pay for their own utilities, with the exception of the owner covering hot water costs. Property Details: Apartment 1: Studio - Monthly rent $1,150.00 Apartment 2: 1BR - Monthly rent $1,285.00 Apartment 3: 1BR - Monthly rent $1,000.00 Apartment 4: 1BR - Monthly rent $1,300.00 Apartment 5: 2BR - Monthly rent $1,500.00 Financials: Gross Rental Income: $74,820.00 per year Net Income: Approximately $52,624.00 per year Additional Information: The roof on both buildings is 7 years old, reducing future maintenance costs. This property presents a solid income stream for investors. Don't miss out on this opportunity to add a well-performing rental property to your portfolio. Contact us for more details and to schedule a viewing. Property is being sold in AS IS condition.
NJCB2015344
Apartment Building
BRIDGETON CITY
CUMBERLAND
1900
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0.12
Acres
Electric Water Heater, Gas Water Heater, Public Wa
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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