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1403 Loretta Ave

4 Unit Apartment Building $649,900 ($162,475/Unit) Mays Landing, NJ 08330

Executive Summary

This property offers a unique opportunity to own a beautiful quadplex in Mays Landing this property offers 4 units each 2 Bedroom 1 Bath with a great rental income. This property is legally zoned as a quadplex, providing the opportunity to generate extra income. You can live in one unit and rent out the other 3 units. This investment is an ideal for long-term tenants. The property features 2 good sized bedrooms and 1 bath in each unit. All occupied by yearly leases. This is a unique opportunity that may be hard to come by again.

Property Facts Under Contract

Price $649,900
Price Per Unit $162,475
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.92 AC
Building Size 3,845 SF
No. Stories 2
Year Built 1918

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -

zoning

Zoning Code R-2
R-2
  • Listing ID: 33058703

  • Date on Market: 9/4/2024

  • Last Updated:

  • Address: 1403 Loretta Ave, Mays Landing, NJ 08330

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