22 E Quackenbush Ave - Apartments FOR SALE


Dumont, NJ 07628
$1,900,000 USD
201-341-5147
22 E Quackenbush Ave, Dumont, NJ for Sale
$1,900,000 USD
Apartments - FOR SALE
1/20
null | 7.09% Cap Rate

22 E Quackenbush Ave
Dumont, NJ 07628


HIGHLIGHTS

  • 9 residential apartments + 4 commercial units
  • High-demand rental area with steady occupancy
  • Strong in-place income at a 7% cap rate
  • On site parking

OVERVIEW

Excellent investment opportunity to acquire a centrally located mixed-use property offering immediate income and strong future upside. This well-maintained and recently renovated building features 9 residential apartments and 4 commercial units. Just steps from public transit, shops, restaurants, and everything downtown Dumont has to offer. Offered at an attractive 7% cap rate, this property delivers steady cash flow from day one. The building just received a 5 year green card.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$279 USD /SF

# OF UNITS

13

PRICE/UNIT

$146,154

CAP RATE

7.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Apartment Building/Multi-use

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1940

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RA

APN/PARCEL ID

10-01217-0000-00014

ASK ABOUT THIS PROPERTY

Alex MouzakitisAlexander Anderson Real Estate GroupMore Info
201-341-5147

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Alex MouzakitisAlexander Anderson Real Estate GroupMore Info
201-341-5147

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