Listed by Fairclough Realtors
$610,000
High Cash Flow Turnkey 4 Unit Mixed Use
Details
Property Type Retail, Multifamily
Square Footage 2,809
Cap Rate 8%
NOI $48,799
Year Built 1950
Year Renovated 2024
Zoning C-1
Parking Spaces 2 spaces
Parking per 1,000 SqFt 0.71
Ground Lease No
High Cash Flow Turnkey 4 Unit Mixed Use
Marketing description
Very nice strong cash flowing 4 unit mixed use on the main thoroughfare of Sussex Boro.
2 One BR Apartments - both recently renovated.
2 Retail Spaces leased to 1 Retail Tenant (Lease End 2030)
The basement is rented for storage (additional income to a separate tenant)
Brand New Roof 2026
Water/Sewer and Gas paid by Landlord
Apartments pay for their own Heat(Gas), Commercial Heat (Gas) is paid by Landlord.
Public Water and Sewer.
Room to Park Two to Three Cars in the Back
Turnkey property, easy to maintain.
Please contact Marc for Income and Expenses.
Investment highlights
-Strong Cash Flow
-"On Main St" Location
-Turnkey Property
-All Units Remodeled
-Pubic Water/Sewer
Listing Contacts
Listed by Fairclough Realtors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,799.00
$4,066.58/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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Property History
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