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116 Franklin St
Belleville, NJ 07109
Multifamily Property For Sale
·
5 Units
Investment Highlights
- 4% Annual Increases with upside potential in current rents
- Parking
- Walking Distance to Public Transportation, Grocery Store, Pharmacy, Parks and Clara Mass Hospital
Property Facts
| No. Units | 5 | Building Size | 3,693 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1930 |
| Building Class | C | Parking Ratio | 0.81/1,000 SF |
| Lot Size | 0.09 AC |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,693 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1930 |
| Parking Ratio | 0.81/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | $1,700 | 1,200 |
| 1+1 | 4 | $1,063 | 600 |
Property Taxes
| Parcel Number | 01-01404-0000-00028 | Improvements Assessment | $297,500 |
| Land Assessment | $210,000 | Total Assessment | $507,500 |
Property Taxes
Parcel Number
01-01404-0000-00028
Land Assessment
$210,000
Improvements Assessment
$297,500
Total Assessment
$507,500
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