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225 Murray St 6 Unit Apartment Building $1,890,000 ($315,000/Unit) 7.84% Cap Rate Elizabeth, NJ 07202
Investment Highlights
- All showings at least 48-hour notice for tenants Please email tcostaexitrealty@aol.com
Executive Summary
Elmora section apartment building for sale total of 14 units, 8 studios, 6-one bedrooms and 8 parking spaces with common driveway.2- full basements
for storage 15,000.00 monthly gross income.
for storage 15,000.00 monthly gross income.
Property Facts
| Price | $1,890,000 | Apartment Style | Low-Rise |
| Price Per Unit | $315,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 7.84% | Building Size | 14,000 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Parking Ratio | 1.43/1,000 SF |
| Price | $1,890,000 |
| Price Per Unit | $315,000 |
| Sale Type | Investment |
| Cap Rate | 7.84% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 14,000 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 1.43/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Walk Score®
Very Walkable (85)
Property Taxes
| Parcel Number | 04-00006-0000-00702 | Improvements Assessment | $956,700 |
| Land Assessment | $700,000 | Total Assessment | $1,656,700 |
Property Taxes
Parcel Number
04-00006-0000-00702
Land Assessment
$700,000
Improvements Assessment
$956,700
Total Assessment
$1,656,700
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225 Murray St
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