Remarks

Introducing the lucrative investment opportunity at 1226 TILTON RD, NORTHFIELD! This impressive property boasts a promising 2022 PRO FORMA income of $144,000, making it an ideal addition to your real estate portfolio. Generating an attractive gross income of $144,000, this property is highly appealing to savvy investors looking for substantial returns. Additionally, the net income of $88,898 showcases its potential for long-term profitability. Operating costs are efficiently managed with expenses totaling $55,102. These include expenses like taxes of $29,171, insurance at $6,477, maintenance at $11,850, landscaping costs of $7,204, and affordable sewer expenses of only $400. The prime location of 1226 TILTON RD, NORTHFIELD adds further value to this investment opportunity. Prominently situated in a desirable area, this property benefits from high visibility and easy accessibility. Whether you're an experienced investor or a first-time buyer, this commercial real estate gem offers tremendous potential for future growth and success. Don't miss out on the chance to own 1226 TILTON RD, NORTHFIELD - an income-generating asset that will exceed your expectations. Take advantage of this remarkable offering today!

Details

MLS#: 580837
Price: $1,300,000

Style: Commercial

County: Atlantic
Lot Size: .51 acres
Tax Fee: 28736