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59-61 Wilson Ave
Multifamily | 7 Units | $321,143/unit
Listing Contacts
License: NJ NJ 1539326
Active
Asking Price: $2,248,000
Address
59 Wilson Ave, Newark, NJ 07105
Show on MapDate Added
May 28, 2020
Days on Market
1755 days
Time Since Last Update
85 days
Details
Property TypeMultifamily
SubtypeApartment Building
Investment TypeStabilized
Cap Rate6.44%
Occupancy100%
NOI$144,739
Units7
Year Built1950
Year Renovated2015
Buildings2
Stories3
Lot Size (acres)0.11
Parking (spaces)7
Price/Unit$321,142.86
OwnershipFee Simple
Marketing Description
Location! Location! Location! 5 apartments and 2 stores plus a bonus 1 bedroom/Studio. All good leases in place. Great tenants, good condition.
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,739.00
$12,061.58/mo
Valuation Metrics
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0
DSCR
6.44%
Cap Rate
6.44%
ROI
Property History
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Due Diligence
Listing Contacts
- License: NJ NJ 1539326
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Broker Information
Broker Information
Broker Name
Patrick Dwyer
Broker License
NJ NJ 1539326
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