181 W Broad Street, Bridgeton, NJ 08302 | MLS NJCB2015344 | Listing Information | Nestfully
Courtesy: Larry DePalma - DePalma Realty; Phone: 8568255500
FOR SALE
$488,000

181 W Broad Street
Bridgeton, NJ 08302

2,936
Sq. Ft.
0.12
Acres Lot
Business Opportunities
182 days on Nestfully 63 views
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
1900
CUMBERLAND
0.12 Acres
Public
Public Sewer
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Courtesy: Larry DePalma - 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.
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