

$2,200,000
Mobile:
609-425-0992Office
609-391-0500x3200
0
2 Buildings - 8-Family Apartment Building - Income Producing Multi-Family Rental Property - 16 bedrooms 8 bathrooms - 1 Vacancy and being renovated - All other units Fully Occupied and Completely Renovated - Total Current Monthly Rent Roll - $15,970.00 - includes rents for all apartments. Buyer pays for CO and other City costs to Close. Gross Rental Income - $191,640.00 Expenses - $31,591.00 - Net Yearly Rental Income - $160,049.00 - Cap Rate 8.0% - Code Enforcement Requirements are in Good Standing, Certificates of Occupancy all current. Several Value-Add Opportunities. Buyer pays for CO and other City Costs to Close. As is Sale.
| Total Rooms | |
| Full Bath | 0 |
| # of Stories | |
| Year Build | 1988 |
| Lot Size | |
| Tax | 21915.00 |
| SQFT |
| OutsideFeatures | Patio |
| OtherRooms | Dining Area, Dining Room, Laundry/Utility Rm, Living Room |
| Heating | Electric, Gas-Natural |
| HotWater | Gas |
| Sewer | Public Sewer |
| Bedrooms | 0 |
| Half Bath | 0 |
| # of Stories | |
| Lot Dimensions | |
| # Units | 4 - 10 Units |
| Tax Year | 2024 |
| Area | Pleasantville City |
| ParkingGarage | Attached Garage, Three or More Cars |
| Basement | 6 Ft. or More Head Room, Finished |
| Cooling | Ceiling Fan(s), Central, Gas |
| Water | Public |