This amazing investment property can be yours! Mixed-Use Commercial Building! The sale includes TWO LOTS sized 80X100 and 80X60. Building is fully tenant-occupied. There are three units in total. Two apartment units (1 bedroom, 3 bedroom) and one retail unit. The rental price of the first floor bar is $2,600. The rental price of the two apartment units are $900 and $1,250. The gross annual income is $57,000 and the yearly expenses are $22,378. The NOI is $34,622. The cap rate is 7.87%. Do not miss this opportunity!
| MLS# | 3442313 |
|---|---|
| Style | Industrial |
| Sub-Type | Resale |
| Status | Pending - Show |
| Year | 1919 |
| Days On Site | 324 |
| SQ Feet | 5,000 |
|---|---|
| Story(s) | 2 |
| Units | 3 |
| Zoning | 4A |
| Annual Tax Amount | 12299 |
|---|---|
| Assesed Tax Valuation | 382700 |
| Tax ID | 3.214 |
| Tax Rate | 2017 |
Area Information | |
|---|---|
| State | NJ |
| County | Somerset |
| City | Manville Boro |
| Zip Code | 08835 |
| Area | Somerset |
| Listing VS Median (in 08835) | |
Price: $440,000 low | high Med: $230,000 SqFt: 5,000 low | high Med: 0 $ / SqFt: $88 low | high Med: $0 On Site: 324 low | high Med: 174 | |
MLS Number: 3442313
