212 Warren St - Apartments FOR SALE


Beverly, NJ 08010
$1,195,000 USD
609-325-1705
212 Warren St, Beverly, NJ for Sale
$1,195,000 USD
Apartments - FOR SALE
1/14
null | 8.17% Cap Rate

212 Warren St
Beverly, NJ 08010


HIGHLIGHTS

  • Excellent visibility for rental advertisement near Family Dollar
  • Lots of natural light and high ceilings
  • Recently renovated with premium finishes for long-lasting, low maintenance performance

OVERVIEW

OPEN RECENTLY! 9%+ cap rate Cash Flow Opportunity Calls! 6 Unit Historic, Residential Multi-Family Building with Surface Parking Lot in Beverly, NJ, minutes from the Beverly - Edgewater Park River LINE Train Stop and the Delaware River. Property Features 3, 1 Bedroom Units and 3, 2 Bedroom Units. 4 of the units are recently renovated. Renovated one and two bedroom apartments are currently available to tour and are offered for rent. Pet Friendly. Freshly Painted. Hardwood Floors. 8+ ft Ceilings. Air Conditioning. Off Street Parking Spaces. The living rooms are spacious and bright, featuring large windows that let in plenty of natural light. The kitchens are renovated and upgraded with new Refrigerator and Gas Stove Oven. The bathrooms are renovated with new vanity and fixtures. Some apartments have private elevated decks for tenant's personal use. This apartment is located in a vibrant, tree-lined neighborhood just minutes from downtown Beverly. Plenty of shops, restaurants, and parks are nearby, making it a great place to live, work, and play. If you're looking for a stylish and comfortable apartment building in a great location, this is the perfect place for you. Measurements are approximate. Buyer to verify. Pro Forma rent is $10,050/month. Own a property that will grow in value over time and bring in passive income. Submit your offer today!

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$289 USD /SF

# OF UNITS

6

PRICE/UNIT

$199,167

CAP RATE

8.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

212 Warren St Beverly

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,875 SF

ZONING

R-2

APN/PARCEL ID

02-01162-00-00006

ASK ABOUT THIS PROPERTY

Natalie SchanneHomeSmartMore Info
609-325-1705

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Natalie SchanneHomeSmartMore Info
609-325-1705

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