204 Montrose Ave - Multi-Family FOR SALE


South Plainfield, NJ 07080
$1,450,000 USD
201-981-7007
204 Montrose Ave, South Plainfield, NJ for Sale
$1,450,000 USD
Multi-Family - FOR SALE
1/1
null | 7.24% Cap Rate

204 Montrose Ave
South Plainfield, NJ 07080


OVERVIEW

Don't miss this turnkey multi-family investment located in a quiet, well-established neighborhood. This fully occupied 4-unit apartment building offers a strong CAP rate and consistent rental income from reliable, long-term tenants. Renovated in 2020, the property features updated interiors, modern finishes, and low-maintenance systems. Plenty of parking spaces for tenants. With solid cash flow from day one, this is a perfect addition to any investor's portfolio! Please Contact Sarah Lee at 201-618-6830

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$325 USD /SF

# OF UNITS

4

PRICE/UNIT

$362,500

CAP RATE

7.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1869

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

22-00407-0000-00014

ASK ABOUT THIS PROPERTY

Simon KimRE/MAX NOW - Palisades ParkMore Info
201-981-7007

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Simon KimRE/MAX NOW - Palisades ParkMore Info
201-981-7007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.