27 Lake St | Belleville, NJ 07109
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27 Lake St
Belleville, NJ 07109
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Value-add opportunity with below market rents
- Tenants pay for heat, electric and cooking gas
- All utilities separated - New boilers and hot water heaters
- Rent control: 4% with full vacancy decontrol
- Four car income-generating garage and parking
- Possible unit conversion for a 6th unit
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 6,541 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1982 |
| Building Class | C |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,541 SF |
| No. Stories | 3 |
| Year Built | 1982 |
PROPERTY TAXES
| Parcel Number | 01-01305-0000-00027 | Improvements Assessment | $565,000 |
| Land Assessment | $175,000 | Total Assessment | $740,000 |
PROPERTY TAXES
Parcel Number
01-01305-0000-00027
Land Assessment
$175,000
Improvements Assessment
$565,000
Total Assessment
$740,000
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