Investor opportunity! Fully occupied legal 3-family generating $7,150/month ($85,800 annually) in gross rental income. Seller-reported operating expenses produce an estimated NOI of approximately $51,263 annually, reflecting an estimated 6.53% cap rate at the $785,000 asking price. Three spacious apartments in a primeMaplewood location near Maplewood Village, NJ Transit, shopping, dining, Maplecrest Park and major highways.Financial information is believed accurate but should be independently verified by purchaser.
Property Features
Heating Information
Baseboard
Natural Gas
Hot Water
Radiant
Utilities
Cable Available
Natural Gas Available
Cooling Information
Window Unit(s)
Water Features
Public
Parking
Detached
Basement
Unfinished
Listing Courtesy: KELLER WILLIAMS VILLAGE SQUARE - 201-445-4300