$840,000
446 Beacon Avenue
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
NOI $68,000
Year Built 1889
Multifamily | 6 Units
Marketing description
A rare stabilized 6-unit asset located in the heart of Paulsboro. This property offers a unique value-add opportunity. With the expansion of the Paulsboro Marine Terminal and steady demand from the Philadelphia commuter workforce, this building is positioned for long-term rental growth and minimal vacancy. Strategic Location: Just 20 minutes from Center City Philadelphia and minutes from I-295 and Route 130.
Recent Capital Improvements: Roof 2019, Fire Alarm system 2024
Separate Utilities: Tenants pay their own electric/gas/heating
Six 1-Bedroom / 1-Bath Units with gross annual income of $92,640, NOI of $68K, with a CAP RATE of 7.7%
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$68,000.00
$5,666.67/mo
Valuation Metrics
0
DSCR
8.1%
Cap Rate
8.1%
ROI
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