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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 974498
Rental Info No
Year Built 1889
Annual Tax Amount $10,200
Property Sub-Type Multi Family
Source onekey2
Property Description
A rare stabilized 6-unit asset located in the heart of Paulsboro. This property offers a unique value-add opportunity. With the expansion of the Paulsboro Marine Terminal and steady demand from the Philadelphia commuter workforce, this building is positioned for long-term rental growth and minimal vacancy. Strategic Location: Just 20 minutes from Center City Philadelphia and minutes from I-295 and Route 130.
Recent Capital Improvements: Roof 2019, Fire Alarm system 2024
Separate Utilities: Tenants pay their own electric/gas/heating
Six 1-Bedroom / 1-Bath Units with gross annual income of $92,640, NOI of $68K, with a CAP RATE of 7.7%
Recent Capital Improvements: Roof 2019, Fire Alarm system 2024
Separate Utilities: Tenants pay their own electric/gas/heating
Six 1-Bedroom / 1-Bath Units with gross annual income of $92,640, NOI of $68K, with a CAP RATE of 7.7%
Location
State NJ
County Out Of Area
Rooms
Basement Full
Interior
Heating Natural Gas, Steam
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Assigned, Driveway, Off Street
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Private
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Stone
Others
Special Listing Condition None
Listed by Compass Greater NY LLC • Ran Dan Pan
NEARBY SCHOOL & BUSINESS
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