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1002 W Front St

1,800 SF Specialty Building Offered at $398,888 at a 2% Cap Rate in Florence, NJ 08518

Investment Highlights

  • 2 Residential Income Property For Sale *** Income Property For Sale - Business opportunities for investing in a rental property **

Executive Summary

2 Income Property For Sale - Business opportunities for investing in a rental property *** Residential Income Property For Sale - Business opportunities for investing in a rental property *** Multi-Family / Income Producing / Multi-Family. Do Not Disturb Occupant - It is a criminal offense to trespass on this property.
Do Not Disturb Occupant - It is a criminal offense to trespass on this property. FOR SALE: 1002 W Front St. Florence, NJ 08518 - Lot Area (sq ft): 32X115 *** Business opportunities for investing in a rental property or For Developers - 2 Unit Investment Property - This Income Producing Multi-Family Home for sale. call for more information. - Do Not Disturb Occupant - It is a criminal offense to trespass on this property. This Income Producing 2 Apartment 2 Stories Multi-Family Home with yard for sale. this Multi-Family Home can also be offices or condo ( Condominium conversion ) or A build-to-suit ( construct custom facilities ) call for more information. Located in the center of town walking distance to public transportation and restaurants. Great rental history & 100% occupied and has a waiting list for future residences. A LOT OF POTENTIAL HERE. Multi-Family Home. Residential Income Property For Sale - Business opportunities for investing in a rental property

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $5,997 $3.33

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $5,997
Annual Per SF $3.33

Property Facts

Price $398,888
Price Per SF $222
Sale Type Investment
Cap Rate 2%
Sale Conditions 1031 Exchange
Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
  • Multifamily Manufactured Housing Mobile Home Park
Building Class C
Lot Size 0.16 AC
Building Size 1,800 SF
No. Stories 126
Year Built/Renovated 1998/2016
Parking Ratio 1.66/1,000 SF

Amenities

  • Air Conditioning

About 1002 W Front St , Florence, NJ 08518

2 Residential Income Property For Sale - Business opportunities for investing in a rental property - Residential Income Property For Sale - Business opportunities for investing in a rental property

zoning

Zoning Code R (Residential)
R (Residential)
  • Listing ID: 9019003

  • Date on Market: 9/22/2014

  • Last Updated:

  • Address: 1002 W Front St, Florence, NJ 08518

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