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12 Apartments in Dover - Contiguous Lots 1 Multifamily Properties Offered at $2,960,000 in Dover, NJ
Investment Highlights
- All Utilities Separated
- Well Maintained
- Contiguous Lots
- Public Water and Public Sewer
- Dover is an Opportunity Zone
- Strong Cash Flow
Executive Summary
Twelve regularly updated and well maintained apartments across 3 contiguous buildings, all with completely separated utilities including water/sewer. Very little landlord expense.
Two side by side 3 unit buildings (5 Bowlby and 7 Bowlby) and a Third 6 unit building (288 W. Clinton) all of whose
rear yards touch each other making property management convenient.
A mix of Seven 2 BR 1.5 BA and Five 1 BR/1 BA units.
Heat is hot water baseboard paid by tenants and there is plenty of parking throughout.
This strong cash flowing and easy to manage investment would make a wonderful addition to any portfolio.
Please contact Marc for detailed Income and Expenses.
Two side by side 3 unit buildings (5 Bowlby and 7 Bowlby) and a Third 6 unit building (288 W. Clinton) all of whose
rear yards touch each other making property management convenient.
A mix of Seven 2 BR 1.5 BA and Five 1 BR/1 BA units.
Heat is hot water baseboard paid by tenants and there is plenty of parking throughout.
This strong cash flowing and easy to manage investment would make a wonderful addition to any portfolio.
Please contact Marc for detailed Income and Expenses.
Property Facts
| Price | $2,960,000 | Number of Properties | 3 |
| Price / SF | $894.53 / SF | Individually For Sale | 0 |
| Cap Rate | 7.02% | Total Building Size | 3,309 SF |
| Sale Type | Investment | Total Land Area | 0.27 AC |
| Status | Active |
| Price | $2,960,000 |
| Price / SF | $894.53 / SF |
| Cap Rate | 7.02% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,309 SF |
| Total Land Area | 0.27 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 288 W Clinton St, Dover, NJ 07801 | Multifamily | 3,309 SF | 1920 | - |
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12 Apartments in Dover - Contiguous Lots