2 E Washington Ave
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2 E Washington Ave
15 Unit Apartment Building $1,500,000 ($100,000/Unit) Washington, NJ 07882
Investment Highlights
- 15 Units with Individual Heating and Cooling
- Complete renovation 1988
- 100% Occupancy
Executive Summary
FOR SALE - 15 unit apartment building subdivided into individual condominiums. Each unit has its own block and lot #'s and could be sold separately. The building consists of 5 residential units per floor encompassing the 2nd, 3rd and 4th floors. The 1st floor commercial unit is excluded from this listing. Each unit is a studio style apartment roughly 315-360 SF in size with private kitchen and full bathroom. An elevator located in the main lobby provides handicap accessibility. There is metered parking on the street. Tenants pay electric which provides for Heating and Cooling.
Property Facts Under Contract
| Price | $1,500,000 | Building Class | C |
| Price Per Unit | $100,000 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 8,400 SF |
| No. Units | 15 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/1988 |
| Apartment Style | Low Rise |
| Price | $1,500,000 |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 8,400 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1900/1988 |
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Sprinkler System
- Tub/Shower
- Carpet
- Wheelchair Accessible (Rooms)
Site Amenities
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | - | 315 - 360 |
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Walk Score ®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 21-00024-0000-00034 | Improvements Assessment | $95,000 |
| Land Assessment | $15,000 | Total Assessment | $110,000 |
PROPERTY TAXES
Parcel Number
21-00024-0000-00034
Land Assessment
$15,000
Improvements Assessment
$95,000
Total Assessment
$110,000
zoning
| Zoning Code | B2 (Central Business District) |
| B2 (Central Business District) |
-
Jeffery Fiedler -
Fiedler Real Estate
(908) 852-2200
x301
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2 E Washington Ave
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