103-105 Devon St - Apartments FOR SALE


Kearny, NJ 07032
$1,850,000 USD
201-592-8900
103-105 Devon St, Kearny, NJ for Sale
$1,850,000 USD
Apartments - FOR SALE
1/65
null | Request Cap Rate

103-105 Devon St
Kearny, NJ 07032


OVERVIEW

An exciting investment opportunity to own 6 unit, income-producing property in the heart of Kearny, NJ. Walking distance to public transportation, public parks, restaurants and shops, this property is the perfect addition to any investment portfolio. The property consists of four 2 bedroom/1 bath units and two 3 bedroom/1 bath units. Each unit has separate gas and electric meters so tenants are responsible for their own utilities with the exception of water. Property also features a rare, private backyard space for tenants to share. Coin operated laundry in the basement brings extra income and space to add storage units in the semi-finished basement provides an opportunity to add even more income! Some units are renovated while others have some room for value-add improvements. All units are occupied and tenants current on rent. Call/Text Karen Phillips 201-232-9923

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$290 USD /SF

# OF UNITS

6

PRICE/UNIT

$308,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,946 SF

ZONING

R-3

APN/PARCEL ID

07-00256-0000-00011

ASK ABOUT THIS PROPERTY

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201-592-8900

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201-592-8900

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