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40 Washington Ave

6 Unit Apartment Building $1,630,090 CAD ($271,682 CAD/Unit) 5.31% Cap Rate Nutley, NJ 07110

Apartment Buildings New Jersey Nutley 40 Washington Ave, Nutley, NJ 07110

Investment Highlights

  • Excellent Investment Opportunity For A 1031 Exchange Buyer
  • Current Rents Are Significantly Below Market
  • Strong Household Income Area
  • Upside Potential: Below Market Rents Can Be Increased To Achieve A Better Return On Investment
  • Strong Population Density

Executive Summary

6 Unit Apartment Building Available For Sale In Nutley NJ.
Please Contact Exclusive Agent For Details:
Christian Marolakos: 973-342-0948
cmarolakos@levinmgt.com

Attachments

Nutley, 40 Washington Ave

Property Facts

Price $1,630,090 CAD Building Class C
Price Per Unit $271,682 CAD Lot Size 0.11 AC
Sale Type Investment Building Size 5,063 SF
Cap Rate 5.31% Average Occupancy 100%
No. Units 6 No. Stories 3
Property Type Multifamily Year Built 1900
Property Subtype Apartment Parking Ratio 0.83/1,000 SF
Apartment Style Low Rise
Price $1,630,090 CAD
Price Per Unit $271,682 CAD
Sale Type Investment
Cap Rate 5.31%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 5,063 SF
Average Occupancy 100%
No. Stories 3
Year Built 1900
Parking Ratio 0.83/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector
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Walk Score ®
Very Walkable (78)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 16-09601-0000-00005 Improvements Assessment $439,641 CAD
Land Assessment $510,945 CAD Total Assessment $950,586 CAD

PROPERTY TAXES

Parcel Number
16-09601-0000-00005
Land Assessment
$510,945 CAD
Improvements Assessment
$439,641 CAD
Total Assessment
$950,586 CAD

zoning

Zoning Code N/Av, Nutley
N/Av, Nutley
(973) 342-0948

Contact

  • Christian Marolakos
    Christian Marolakos
  • Levin Management Corporation - Brokerage

  • Listing ID: 32233573

  • Date on Market: 2024-06-24

  • Last Updated:

  • Address: 40 Washington Ave, Nutley, NJ 07110

The Multifamily Property at 40 Washington Ave, Nutley, NJ 07110 is currently available for sale. Contact Levin Management Corporation - Brokerage for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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40 Washington Ave, Nutley, NJ for sale Building Photo- Image 1 of 8
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40 Washington Ave, Nutley, NJ for sale Building Photo- Image 5 of 8
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40 Washington Ave
(973) 342-0948 x

40 Washington Ave

Christian Marolakos

(973) 342-0948

(973) 342-0948

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