Remarks

Exceptional 6-Unit Investment Property Fully Rented with Strong Cash Flow!

Investor’s dream! This fully occupied 6-unit multifamily property is a prime income-generating asset, bringing in an impressive $67,680 in annual rental income. With a cap rate of 8.6%, this property delivers strong returns in todays market.

Each unit features separate utilities, ensuring low owner expenses and maximum profitability. Tenants are responsible for their own heating, electricity, keeping operating costs efficient.

Additional highlights include:

* Off-street parking for 12 vehicles a rare and valuable feature!

* Strong rental history consistent occupancy with reliable tenants.

* Turnkey investment income-producing from day one.



Whether you are a seasoned investor looking to expand your portfolio or a new buyer seeking a high-yield opportunity, this property is a must-see.

Details

MLS#: NJME2053990
Price: $549,500

Year Built: 1899

County: MERCER
Tax Fee: 12570.0