User Profile Image

Michael Practico

Richardson Commercial Realtors

Office Phone: 609-586-1000

 

Like us on Facebook

Share with Google Plus

Published on: Thursday, March 31, 2016 3:25:50 PM
Updated on: Thursday, March 31, 2016 3:25:50 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-New Jersey-51254

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 0%

Year Build: 0

 

Building Size: 0 SqFt

Lot Size: 0 Not Specified

No of Stories: 0

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: Well maintained, fully Tenanted investment property with fenced parking for 16+/- cars. Although the property is presently used as an SRO and apartment house, it may require a variance for continued use.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 0

Commission Split (%): 0

Complete Details


Year Build: 0

Building Size: 0 SqFt.

No of Stories: 0

Total Lot Area: 0.00 Not Specified

No of Parking: 0

No of Total Units: 0

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Not Specified

Occupancy: 0%

Full Description


The property is improved with a 3 story 4,671+/- square foot investment property. The building has a concrete exterior, concrete foundation and a gable roof surfaced with composite shingle. This former law office has been converted into apartments.  The first floor of the building consists of five bedrooms, a foyer, small office, kitchen, Living room, dining room and 1.5 bathrooms. The flooring is primarily vinyl title and commercial grade carpet. The walls are wood paneling. The second floor consist of five bedrooms, kitchen, full bath and large enclosed sun porch. Each bedroom is leased to separate Tenants. The kitchen and bathroom are shared. The flooring is primarily vinyl tile. Walls are plaster and gypsum board.  The third floor consist of three bedrooms, kitchen and full bathroom. The walls are plaster and gypsum board. Flooring is primarily commercial grade carpet. Each floor of the building has its own gas fired hot air heating system, 40 gallon hot water heater and 100+/- amp electrical service. Cooling is provided by central air on the first floor only.  Second and third floors use window units

Error: Address could not be found.
 LoudLister :: a Social Real Estate resource and offer engine