Fully occupied 4 unit multi family in Roxbury, NJ. Four 1 Bedroom apartments, rents are under market.12 Mark Lane is on .65 acres acres and backs up to a beautiful lake, adding to the desirability and rental enthusiasm. All tenants have access to the lake (with a private beach) and there is a common washer and dryer in the building for tenant use. This private and tranquil setting in Morris County is near numerous employers ensuring a steady stream of renters. The units have been partially updated with some in need of minor cosmetic upgrades, giving an easy path to further increase the rents. 12 Mark Lane is on well and septic, washer and dryer provided for all tenants and heat is paid by tenants. Any investor looking for a solid and predictable cash flow should strongly consider 12 Mark Lane to their portfolio.
3804841
Multi-Family, Other
4
Morris
4 Full
1955
0.65
Acres
Well
1
Aluminum Siding
Septic Tank
2,000
Sq. Ft.
5
4 Total
Bathrooms
4
Total:4
Interior Features
- Heating
- Electric Heating. Baseboard.
- Plumbing
- Electric Water Heater
- Basement
- Crawl Space
Exterior / Lot Features
- Parking
- 8 Parking Spaces.
- Exterior
- Aluminum
- Roof
- Asphalt
- Lot View
- Lake
- Zoning
- R-3
Financial Considerations
2336-02001-0000-00004-0000-
$8,810
Arrows indicate 90 day trend
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