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1 Route 46 East

Mount Olive Twp., NJ 07828
  • $585,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 3745961
UPDATED: 42 min ago
$585,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,083
    SQFT
  • $143
    $/SQFT
Type:
Commercial
Built:
1948
County:

School Ratings & Info

Description

Wow! Mega Cash Cow! Rent roll $75,420/year ($6,285/mo). Net operating income $40,502.00. Positive cash. with 20% down 20% down 30 yr mortgage at 5.5% ROI is 32.78! Try beating that ! In 2020, 2 brand new furnaces, 2 new oil tanks, water heaters, new electric servicing all unit and unit 2 totally rehabbed from floor to ceiling. Make some MOO-LA by milking this cow dry!

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© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-11-27T21:46:13.29.
www.srrealestategroup.com/homes/122303563
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1 Route 46 East Mount Olive Twp., NJ 07828

  • Price: $585,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 42 min ago
  • MLS #: 3745961
0
Beds
0
Baths
0
½ Baths
0.52
Acres
4,083
SQFT
$143
$/SQFT
1948
Built
County:
Morris
Area:
Mount Olive Twp.
Property Description
Wow! Mega Cash Cow! Rent roll $75,420/year ($6,285/mo). Net operating income $40,502.00. Positive cash. with 20% down 20% down 30 yr mortgage at 5.5% ROI is 32.78! Try beating that ! In 2020, 2 brand new furnaces, 2 new oil tanks, water heaters, new electric servicing all unit and unit 2 totally rehabbed from floor to ceiling. Make some MOO-LA by milking this cow dry!
Exterior Features

Approximate Lot Size 170X134 Available Parking Spaces 12 Construction Wood Exterior Description Composition SidingVinyl Siding Location Highway Location Lot Description Irregular Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description CommonCrushed StoneOff-Street ParkingParking Lot-Exclusive Roof Description Asphalt Shingle

Interior Features

Basement No Cooling Wall A/C Unit(S) Equipment Available See Remarks Heating 4+ Units Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 5 Office Sq Ft 0

Property Features

For Sale Or Lease For Sale Fuel Type Oilabin Owner Pays HeatHot Water Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building Only Sewer Septic Suite Number 0 Tax Amount 10767 Tax Rate Amount 3.313 Tax Rate Year 2020 Tax Year 2020 Tenant Pays ElectricGas Utilities See Remarks Water Public Water Year Built Description Renovated Zoning C-1

Listing information © 2021 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Jersey Success Realty, Inc..


© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-11-27T21:46:13.29.
 
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Christie's International Real Estate Northern New Jersey
47 Maple Street
Summit NJ, 07901