1609-1611 Springfield Ave | Maplewood, NJ 07040
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1609-1611 Springfield Ave
Maplewood, NJ 07040
Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- • 2017 Built Investment Property for Sale at (5.12%) Cap Rate
- • Additional Climate Controlled Storage Units for Retail Commercial Spaces
- • (12) Surface Parking Spaces + (1) Additional Handicap Space
- • (13) Total Rental Units - (6) Residential & (7) Commercial
- • Clean & Professional Elevator Building
- • Located Across the Street from Maplewood Municipality & Police Station
PROPERTY FACTS
| No. Units | 13 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 16,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2016 |
| Building Class | B | Parking Ratio | 0.75/1,000 SF |
| Zoning | CB1 | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 16,000 SF |
| No. Stories | 2 |
| Year Built | 2016 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | CB1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Storage Space
- Kitchen
- Refrigerator
- Sprinkler System
- Tub/Shower
SITE AMENITIES
- Controlled Access
- On-Site Retail
- Storage Space
- Elevator
- Public Transportation
ABOUT 1609-1611 SPRINGFIELD AVE , MAPLEWOOD, NJ 07040
This investment sale consists of (13) total units. Of which, (6) are residential apartments and (7) are commercial retail units with additional storage space that is secured and climate controlled. Cash Cow! Enjoy Positive CashPow for Many Years to Come!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 13 | - | 550 - 915 |
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