Description
12 E Broad St,
Gibbstown,
NJ
08027
Effective November new rental income $3,750/month, $45,000/year gross income.Expenses proforma 2022 estimated, $16,023.Proforma Gross Profit before financing: $28,977TWENTY FOUR HOURS NOTICE TO VIEW APARTMENTS AS PER LEASERecently renovated triplex, tenants in place. Ample off street parking for 6 plus cars.Tenants pay gas & electric and cable/tv/internet. landlord pays sewer and water.Two, 2 bedroom apartments Apt A & C. One, 1 bedroom apartment Apt BApt A $1300/mo., Apt B $1350/mo., Apt C $1100/mo..Projected cash on cash return at 20% down payment ($72,000), 6% 25yr amort. 9.17%
Listing By: Resource Realty via Data Source: Bright MLS
2757494-NJGL2018732
MLS ID
Price History
| date | price | variance | type | global |
|---|
| 1/24/2023 | $340,000 | 5.56 % | Sold | view listing |
| 11/8/2022 | $360,000 | - | Contract |
listing agent: Robert Gentile
