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4-Unit Apartment Building In Egg Harbor City - Fully Rented - 8.3% Cap Rate

301 Buffalo Avenue Egg Harbor City, NJ 08215
Price:
$299,000
Address:
301 Buffalo Avenue
City:
Egg Harbor City
State:
NJ
Zip:
08215
Bedrooms:
4
Bathrooms:
4

Four one beds apartments Each has a living room, kitchen with eating area, bedroom and fullsize bath. The 2 upstairs apartments each have an enclosed back porch. Current monthly rents: Apartment one $770.00 Apartment two $750.00 Apartment three $795.00 Apartment four $750.00 Coin laundry 25.00 Annual income: $37,080.00 100% occupancy Taxes 8322.00 Insurance 1423.00 Electricity 101.00 Natural gas 660.00 Water & Sewer 1690.00 Total expenses: 12,196.00 Cap rate: 8.3% Upgrades: New natural gas boilers for each apartment, new water heater and all new electrical wiring

Extra Information for 301 Buffalo Avenue Egg Harbor City, NJ 08215
  • Amenities: Patio/Deck
  • Seller Phone: 6094325300
  • Seller Type: By Owner
  • Provided By: Real Estate Promo


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