Listed by TACM Commercial Realty
$650,000
Multi-Unit Investment w/ Billboard
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,496
Units 3
Cap Rate 6.77%
NOI $43,995
Tenancy Multi
Price per SqFt $434
Year Built 1955
Buildings 1
Acreage 3.360
Zoning C- Commercial
Investment Type Stabilized
Multifamily | 6.77% CAP | 3 Units
Marketing description
Location!! A unique opportunity to be diverisifed with a two-unit duplex and billboard for multiple income streams on 3.36 AC in beautiful Hamilton Township. Recently renovated interiors along with new roof, windows, and newer HVACs. This property consists of 1 - 2 Bedroom 1 Bath apartment, 1 - 1 Bedroom 1 Bath apartment, and one single sided Billboard. The property generating $57,600 gross yearly. Low taxes and beautiful setting. Easily accessible to Route 80, Route 33, and Route 611 - this property's location is superior for attracting a great tenant base.
Investment highlights
- 2 Residential Units
- 10x40 Single Face Off-Site Billboard
- Commercial Zoning-Hamilton Township
- New Roof
- New Windows
- New HVACs
Listing Contacts
Listed by TACM Commercial Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$43,995.00
$3,666.25/mo
Valuation Metrics
0
DSCR
6.77%
Cap Rate
6.77%
ROI
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