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Four Unit investment property 311 Broadway 4 Unit Apartment Building $589,000 ($147,250/Unit) Laurel Springs, NJ 08021
INVESTMENT HIGHLIGHTS
- Investment property Four units
EXECUTIVE SUMMARY
Great opportunity to add to your portfolio an excellent investment with even better upside in a great location. Located across from Laurel Springs school and walking distance to downtown shops just 15 minutes outside of Philadelphia. These 4 units all brick apartment complex is located on an oversized corner lot with large rear yard. 3600 sq. ft. building with Four -2-bedroom apartments with separate entrances for tenants. The entire building was renovated from top to bottom in 2018. 2-bedroom 1-bathroom units Newly remodeled kitchen with new cabinets, backsplash, granite counters and newly updated tiled bathroom. Common Area Laundry for all units located in the basement along with storage for tenants. Each unit has access to deck in the rear of the property that overlooks a large backyard area. This is a must see for investors looking for a turnkey property with plenty of upside.
PROPERTY FACTS Under Contract
| Price | $589,000 | Building Class | C |
| Price Per Unit | $147,250 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 3,360 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1950 |
| Apartment Style | Low-Rise |
| Price | $589,000 |
| Price Per Unit | $147,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 3,360 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Study Lounge
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
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Four Unit investment property | 311 Broadway
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