170 Walnut Ave, West Berlin, New Jersey, United States

Report Listing

Home For Sale

$299,999

170 Walnut Ave
West Berlin, New Jersey, United States

3bd

Listed By: Realtyww Info

Listed On: 06/11/2023

Listing ID: GL10153128 View More Details

Description

Triplex with GREAT cash flow opportunity. Unit A is currently rented below market value $1, 166 with 2 beds and one bath w/ full access to basement for laundry and storage. Unit C is a studio being rented at $750 and Unit B is Vacant, great for first time investor with ability to subsidize their mortgage while renting the other two units out, or listing for area standard at $1, 200 minimum! The current rents are in effect until February, 1st 2024. Leases are in hand. Keep in mind the future value of this property, for a GREAT price. Tenants are currently not paying any additional rent for access to the basement which is connected via separate access for units A+B. Unit A only has access at the moment for their personal laundry/Storage area. All units are on separate meters for electricity. Owner currently pays water, sewer, gas, taxes and electric for hot water. All other electric is divided out. Leases are in hand for review, just inquire with your agent! There is huge upside potential here. Building is being sold strictly as-is.

For more details:

Listed by: Exp Realty, Llc