$420,000
318 Broad St, Bloomfield , NJ 07003
Current Rent **
$5,400
Projected Rent **
N/A
Unit 1 Details
- Current Rent: $1,900
- Bedroom: 3 bd
- Bathroom: 1 ba
- Square Footage: 1000 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
Unit 2 Details
- Current Rent: $3,500
- Bedroom: 5+ bd
- Bathroom: 2 ba
- Square Footage: 2200 sqft
- Occupied: No
- Needs Repairs: No
- Off MLS: No
Bloomfield Duplex - OFF Market
Fellow Investors,
Interested in a well kept, plug and play duplex within a half mile of the Glen Ridge stop?
318 Broad St Bloomfield, NJ 07003
Unit 1: 3 bed 1 bath (1,000 sq ft)
Unit 2: 5 bed 2 bath (2,200 sq ft)
Picture link: https://drive.google.com/open?id=1qECOLRCdSay3iSc6_b86rVvuGwjWJZQQ
Wholesale Price: 420k
Lot Size: 6,500 sq ft
Taxes: $10,987
Projected rent roll (monthly): $5,400 - first floor currently rented at $1,900 on month-to-month, upper unit is vacant!
Projected cash flow (monthly): $1,600
Cash on cash return: 13%
Call Bill at 973-349-6170 to setup an appointment! Pro forma available upon request.
Happy Investing!
Location:
318 Broad St, Bloomfield , NJ 07003
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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