Occupied Off Market North Jersey 7 Unit

[Wayne Mack]

Client has an off market 7 unit building she's looking to sell - Property is occupied

Asking - $1,300,000

Unit 1 Storefront - Rent $2,300

Unit 2 (1 bed) - $1,170

Unit 3 (2 bed) - $1,500

Unit 4 (1 bed) - $1,350

Unit 5 (1 bed) - $1,350

Unit 6 (2 bed) - $1,500

Unit 7 (2 bed) - $1,500

Roof - $4,000/yr (rented to an advertiser)

Annual Income - $124,800

Expenses

Electric 12/mth (Hallway)
Gas 4800/yr (controlled by landlord)
Tax 17,300
Ins 4700
Water 350/qtr
Sewer 800/year