This quadplex residential property is a solid moneymaker with great cash flow and a low expense ratio. 3 Units currently leased!The tenants pay their own gas and electric, and have their own heaters, water heaters and entrances, which helps keep the owner's costs to a bare minimum. The rents on the recently renovated units on the 27 address side demonstrate that these apartments are in high demand. The building is in a great location for a multifamily and in the desirable town of Moorestown. The lot is large and has potential. Four-unit multifamily buildings in this area don't come along too often, so make an appointment to tour this property today!
NJBL2046914
Fourplex, Multi-Family, Other
4
BURLINGTON
1908
0.43
Acres
Public
Frame
Public Sewer
2,980
Sq. Ft.
LENOLA
School Information
MOORESTOWN TOWNSHIP PUBLIC SCHOOLS
MOORESTOWN
Interior Features
- Heating
- Gas Heat. .
- Basement
- Exterior Entry, Unfinished
Exterior / Lot Features
- Exterior
- Frame
- Patio
- Porch
- Lot Dimensions
- 62.00 x 300.00
Financial Considerations
22-01301-00038
$8,891
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