181 W Broad Street Bridgeton, NJ 08302
Investment Opportunity - Fully Occupied 5-Unit Rental Property This well-maintained 5-unit rental property is an excellent investment opportunity. It offers a diverse mix of unit sizes to attract a range of tenants. The property is generating solid rental income, and the current tenants pay for their own utilities, with the exception of the owner covering hot water costs. Property Details: Apartment 1: Studio - Monthly rent $1, 150.00 Apartment 2: 1BR - Monthly rent $1, 285.00 Apartment 3: 1BR - Monthly rent $1, 000.00 Apartment 4: 1BR - Monthly rent $1, 300.00 Apartment 5: 2BR - Monthly rent $1, 500.00 Financials: Gross Rental Income: $74, 820.00 per year Net Income: Approximately $52, 624.00 per year Additional Information: The roof on both buildings is 7 years old, reducing future maintenance costs. This property presents a solid income stream for investors. Don't miss out on this opportunity to add a well-performing rental property to your portfolio. Contact us for more details and to schedule a viewing. Property is being sold in AS IS condition.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCumberland
- Taxes$5,506
- HOA/Condo/Coop Fees$0
- Days on Site99 Days
- MLS StatusActive
- MLS ID NumberNJCB2015344
- Home Size Source Estimated
- Year Built1900
- Lot Size0.12 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 181 W Broad Street Bridgeton, NJ 08302
a month ago | |
3 months ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Parking DrivewayOn Street
- Sewer Public Sewer
- Acreage 0.12
- Water Public
- Cross Street S. Lawrence St
- Property Sub Type Multi Family
- Attached Garage No
- Zoning R
Interior Features
- Cooling None
- Heating Baseboard - ElectricRadiantRadiatorElectricNatural Gas
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- MLS Area Bridgeton City (20601)