Details
16 bedrooms, 8 baths, 8 patios with extra storage, 8 garages, 8 washer/dryer hook ups -located, which are all located in 2 recently renovated buildings - all under the same Blk and Lot. 100% Occupancy. All units are metered separately. Tenants pay all utilities. Located right across bus stops allowing quick and efficient travel locally within New Jersey and other major cities such as Atlantic City, NJ and Northfield, NJ. This income producing property is the perfect value-add opportunity for savvy investors! Current Rent Roll - $15,030. Gross Income - $180,360, NOI - $146,437. Rent Roll to increase to approx. $15,750 in April 2025. Pro Forma Gross Income - $189,000, NOI - $155,077. 7 out of 8 units completely renovated. “As is†Sale.