

Listed by Coldwell Banker Commercial Brooks Real Estate
$965,000
Gloucester County 4-Unit Portfolio
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,045
Year Built 1986
Acreage 0.300
Multifamily
Marketing description
Investment Portfolio – Three Income-Producing Properties This offering consists of three properties being sold together as a single portfolio: 7557 Bellehaven Road (Tax ID: 051U-1-F) 7693 Spottswood Road (Tax ID: 051A-7-I-10) 1500 Lafayette Road, Units A & B (Tax ID: 051A-7-I-11) The portfolio includes a ranch-style townhouse, a single-family detached residence with a storage shed, and a duplex. These properties have been operated as rental investments for many years and offer investors an opportunity to acquire an established income-producing portfolio with an approximate 5% ROI based on existing lease agreements. The portfolio is being sold AS IS, WHERE IS. Three of the four rental units are currently tenant-occupied, and tenants are not to be disturbed. One side of the duplex is vacant. A due diligence package will be made available upon execution of a Confidentiality Agreement. The seller will not accept financing or appraisal contingencies, and owner financing is not available. This offering is best suited for cash buyers seeking a stabilized residential rental portfolio with immediate income potential.
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Listed by Coldwell Banker Commercial Brooks Real Estate
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Zoning
SF-1 ResidentialSingle FamilyResidential Single Family
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