Home For Sale
$459,000
5 Old New York Rd
Tuckerton, New Jersey, United States
4bd
Listed By: Realtyww Info
Listed On: 05/30/2023
Listing ID: GL10326232 View More Details
Description
8% Cap rate. Income property, 3 family with 4 rents. Cash flow now is $3745 a month. 3.6 Acres. The property has a brand-new septic system, brand-new well. New oil tank and updated high efficient oil furnace. Tenants pay for their own electric and cable owner pays for oil. The rent has not been raised for a couple of years so it is due. All tenants now are month to month. New vinyl flooring was installed 3 years ago. Rent from 3 family house and 30x90 garage. Can also rent space on the champagne bottle billboard. Unit 1 $850 1 bedroom Unit 2 $875 1 bedroom Unit 3 $1300 2 bedroom Unit 4 $720 garageFor more details:
Listed by: Keller Williams Shore Properties