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FOR SALE
$488,000

181 W Broad Street
Bridgeton, NJ 08302

Business Opportunities
Commercial
2,936
Sq. Ft.
0.12
Acre Lot
Courtesy: DePalma Realty; Phone: 8568255500
Agent Websites> New Jersey> Bridgeton> 08302
Investment Opportunity - Fully Occupied 5-Unit Rental PropertyThis 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 $1,150.00Apartment 2: 1BR - Monthly rent $1,285.00Apartment 3: 1BR - Monthly rent $1,000.00Apartment 4: 1BR - Monthly rent $1,300.00Apartment 5: 2BR - Monthly rent $1,500.00Financials:Gross Rental Income: $74,820.00 per yearNet Income: Approximately $52,624.00 per yearAdditional 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
Business Opportunities, Other
CUMBERLAND
1900
0.12 Acres
Public
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

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Courtesy: DePalma Realty; Phone: 8568255500
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 4/27/2024 11:40 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.