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16 Unit Self-Storage Facility
State St, Penns Grove, New Jersey 08069 United States
Description
16 Unit Self-Storage facility. Each unit is 10' x 18' with light and 4 plug electric socket. Newly renovated this year; New roof, new complete electric service/panel/wiring, new gutters, new door locks and fresh paint. Nice low maintenance building/site. Gross income upwards of $24,000. Currently seeking tenants at $125 p/m rent. Taxes only $2,400 p/y. Property has electric, road maintenance and household trash pick-up only. Water/Sewer/Gas available at curbside, but why? Located in residential neighborhood. Great long term investment with an excellent ROI. The property does not have an address number. Garage/Land only. Known as Block 130 Lot 2. Property fronts on 4 sides via roadways, easements an driveways. 2020 survey available. From the intersection of State and Maple: property is located 3 building up State on the left.
Income/Expense Info: Proforma
Financial: 2021
Gross Income: $24,000
Operating Expenses: $5,200
Map of: State St, Penns Grove, New Jersey 08069 United States