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131 William Street 131 William St

5 Unit Apartment Building $1,841,294 CAD ($368,259 CAD/Unit) 7.20% Cap Rate Englewood, NJ 07631

Investment Highlights

  • Situated in the heart of Englewood, NJ, with easy access to major highways and only minutes from New York City.
  • Equipped with updated systems, central air conditioning, and high-speed internet, providing comfort and convenience for tenants or business operation
  • On-site and nearby parking options make this property highly accessible for customers and employees.
  • High-traffic area with excellent frontage, maximizing exposure for retail or commercial purposes.
  • Spacious layout adaptable for various business types, ideal for retail, office, or mixed-use purposes.
  • Located in a thriving community with strong market growth, making this an attractive investment for long-term appreciation and rental income.

Executive Summary

Well kept multi family building with fantastic income, separate utilities and parking. There are 4-2 bed apartments and 1-1 bed apartment. The units are well kept with several long term tenants.

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,841,294 CAD
Price Per Unit $368,259 CAD
Sale Type Investment
Cap Rate 7.20%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 2,774 SF
No. Stories 3
Year Built/Renovated 1939/2010
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Walk-Up
  • Smoke Detector
Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-02313-0000-00037
Land Assessment
$504,454 CAD (2024)
Improvements Assessment
$267,781 CAD (2024)
Total Assessment
$772,234 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023

zoning

Zoning Code Residential (Residential)
Residential (Residential)
  • Listing ID: 33675586

  • Date on Market: 2024-10-29

  • Last Updated:

  • Address: 131 William St, Englewood, NJ 07631

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