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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 FEATURES
Water Source :
Public
Sewer Source :
Septic Tank
Parking Features:
Open, See Remarks, Off Street, Unpaved
Parking Total:
20
Lot Features :
Level, Wooded
Cooling:
Multi Units
Heating :
Forced Air
Basement Description :
Walk-Out Access
PROPERTY DETAILS
Street Address: 73 Partridge Road
City: Matawan
State: New Jersey
Postal Code: 07747
County: Middlesex
MLS Number: 22425516
Courtesy of Hometown Residential Realty LLC
City: Matawan
State: New Jersey
Postal Code: 07747
County: Middlesex
MLS Number: 22425516
Courtesy of Hometown Residential Realty LLC
Courtesy of RE/MAX Central