73 Partridge Road Active

Matawan,NJ 07747

$ 2000000

- Bed

0 Bath

5017 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,017 sqft

Price per Sqft $398

MLS Listing ID 22425515

Year Built 1945

Annual Tax Amount $15,340

Tax Year 2023

Lot Size 1.140 Acres

Property Description

SERIOUS INVESTORS, THIS IS FOR YOU. RUNNING A 6.6% CAP RATE! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Fully rented with stable tenants. Positive income, leased tenants. There is room for rent to be increased. so opportunities are there. Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. New septic is being done now. This R-40 zoned property and grandfathered. Please do not walk property without an appointment. Call for more details.

Location

State NJ

County Middlesex

Area None

Interior

Heating Baseboard,Hot Water

Cooling Window Unit(s)

Exterior

Garage On Site,Open

Roof Type Shingle

Building

Lot Description Dead End Street

Sewer Septic Tank

Water Public

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