73 Partridge Road
Matawan, NJ 07747
1.14 acres | #22425515
Description
SERIOUS INVESTORS, THIS IS FOR YOU. RUNNING A 6.8% CAP RATE! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Rented with stable tenants. There is room for rent to be increased so additional opportunities are there. No rent control here! Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. Tenant all pay on time or early. None of the tenants get rental assistance. This is fabulous rental property. This is an R-40 zoned property and grandfathered. Please do not walk property without an appointment. Call for more details.
Property Details
- BasementPartial, Walk-Out Access, Other
- Cooling FeaturesWindow Unit(s)
- Parking FeaturesOn Site, Open
- Sewer InformationSeptic Tank
- ZoningResidential
- Property SubtypeCommercial
- CountyMiddlesex
- Property TypePurchase
- MLS #22425515
- MLS #22425515
- RoofShingle
- Cost1999000
- Utility SourcePublic
- Acres1.14
- Year Built1945
- Cooling1
Location
Legal
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Last Updated: . Source: MONMOUTH
Listing Courtesy
Listing Agent: Susan Grace McGowan (#17386)
Listing Office: Hometown Residential Realty LLC (#2944)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
