Historical Multifamily Sale Listing - Woodside Avenue Apts.

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Woodside Avenue Apts.

181 Woodside Ave., Newark, NJ 07104

N/A

14 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
14
Building Size:
9,600 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
9.17%
Gross Rent Multiplier:
6.66
Occupancy:
100%
Lot Size:
3,400 SF
Listing ID
16385623
Last Updated
over 1 year ago

Description

The subject investment property is a three story stucco apartment building containing fourteen units. The asset has an attractive unit mix of two 1 bedrooms, six 2 bedrooms, and six 3 bedroom apartments. At present, some tenants are responsible for their individual heat as well.

The building is located in the desirable Forest Hills Section of North Newark. This quiet residential neighborhood allows for easy access to Belleville, Bloomfield, and Broad Street via the Mount Prospect corridor.

Map of 181 Woodside Ave., Newark, NJ 07104 (Essex County)

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Created 9/8/2009