Description
Exceptional investment opportunity in Cinnaminson, NJ, situated on Broad Street +GG Prime location in proximity to downtown and the Riverline. Discover this six-unit property meticulously maintained and impressively presented property boasting a stellar rental track record over time.This well kept six-unit building consists of spacious two bedroom apartments that can rent for as much as $1,500 per month, rent is significantly below prevailing market rates for the area. With long term tenants paying their own utilities, each unit has its own separate balcony and entrance, property features a shared rear parking lot. Many upgrades throughout including new hot water heaters and two newly renovated units.Don't miss this golden opportunity for a savvy investment venture with incredible income potential and low overhead. Taxes are under $5,000 and a potential cap rate of 8.40%
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0BEDS
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0.08ACRES
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0BATHS
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01/2 BATHS
Description
Exceptional investment opportunity in Cinnaminson, NJ, situated on Broad Street +GG Prime location in proximity to downtown and the Riverline. Discover this six-unit property meticulously maintained and impressively presented property boasting a stellar rental track record over time.This well kept six-unit building consists of spacious two bedroom apartments that can rent for as much as $1,500 per month, rent is significantly below prevailing market rates for the area. With long term tenants paying their own utilities, each unit has its own separate balcony and entrance, property features a shared rear parking lot. Many upgrades throughout including new hot water heaters and two newly renovated units.Don't miss this golden opportunity for a savvy investment venture with incredible income potential and low overhead. Taxes are under $5,000 and a potential cap rate of 8.40%
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