50 Route 130 - Apartments FOR SALE


Bordentown, NJ 08505
$699,900 USD
609-731-1244
50 Route 130, Bordentown, NJ for Sale
$699,900 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

50 Route 130
Bordentown, NJ 08505


OVERVIEW

Well-maintained and turnkey, this 3-unit residential property offering instant cash flow. two 1 bedroom apartments and one 2/3 bedroom apartment. Each apartment has been upgraded within the past four years, featuring laminate flooring throughout. Tenants also have access to a shared backyard common area with landlord notification. Situated in a prime commercial location along Route 130 in Bordentown, the property boasts excellent visibility with frontage on two roads and 133 feet of highway exposure. Additional highlights include ample parking, a spacious detached garage, three separate electric and gas meters, public water and sewer. Convenient access to Routes 295, 195, and the New Jersey Turnpike, this is an exceptional investment opportunity and a chance to be part of the thriving business community along the highly desirable Route 130 corridor.

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$204 USD /SF

# OF UNITS

3

PRICE/UNIT

$233,300

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,615 SF

ZONING

Commerical

APN/PARCEL ID

04-00029-0000-00002-01

ASK ABOUT THIS PROPERTY

David SchiavoneColdwell Banker Schiavone and AssociatesMore Info
609-731-1244

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David SchiavoneColdwell Banker Schiavone and AssociatesMore Info
609-731-1244

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