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103-105 Devon St
Kearny, NJ 07032
Multifamily Property For Sale
·
6 Units
Executive Summary
An exciting investment opportunity to own 6 unit, income-producing property in the heart of Kearny, NJ. Walking distance to public transportation, public parks, restaurants and shops, this property is the perfect addition to any investment portfolio. The property consists of four 2 bedroom/1 bath units and two 3 bedroom/1 bath units. Each unit has separate gas and electric meters so tenants are responsible for their own utilities with the exception of water. Property also features a rare, private backyard space for tenants to share. Coin operated laundry in the basement brings extra income and space to add storage units in the semi-finished basement provides an opportunity to add even more income! Some units are renovated while others have some room for value-add improvements. All units are occupied and tenants current on rent. Call/Text Karen Phillips 201-232-9923
Property Facts
| Price Per Unit | $308,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| No. Units | 6 | Building Size | 6,372 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1905 |
| Zoning | R-3 | ||
| Price Per Unit | $308,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 6,372 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1905 |
| Zoning | R-3 |
Amenities
Unit Amenities
- Eat-in Kitchen
- Refrigerator
- Range
- Tub/Shower
- Basement
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 3+1 | 4 | - | - |
Property Taxes
| Parcel Number | 07-00256-0000-00011 | Improvements Assessment | $169,400 |
| Land Assessment | $49,500 | Total Assessment | $218,900 |
Property Taxes
Parcel Number
07-00256-0000-00011
Land Assessment
$49,500
Improvements Assessment
$169,400
Total Assessment
$218,900
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