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For Sale New Jersey Elizabeth 3683
706-708 Jackson Ave, Elizabeth, New Jersey 07201 United States
For Sale New Jersey Elizabeth 3683
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Mixed Use For Sale By Owner
Income Generating 8 Units Mixed Use
706-708 Jackson Ave, Elizabeth, New Jersey 07201 United States
Description
Great opportunity to own income generating 8 units mixed use. Tenants pay for all utilities and maintains building. All units are 100% occupied. Owner is willing to extend leases as per buyer's request. Property consists of 4 apartments and 4 storefronts.
Net Operating Income $73,310
Gross Income $97,800
List Price $975,000
Located within close proximity to Newark Int'l Airport, Route 1&9 and transit train/bus
| Price: | $975,000 |
| Property Sub-Type: | Mixed Use |
| Price/Unit: | $975,000 |
| Cap Rate: | 7.5 % |
| Gross Rent Multplier: | 9.96 |
| Year Built : | 1940 |
| No of Stories: | 3 |
| Occupancy: | 100 % |
| Listing ID: | 3683 |
Map of: 706-708 Jackson Ave, Elizabeth, New Jersey 07201 United States
Contact Owner
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