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83 Lackawanna ave 83 Lackawanna Ave 4 Unit Apartment Building $950,000 ($237,500/Unit) 8% Cap Rate Woodland Park, NJ 07424
Executive Summary
Great investment opportunity. 4 Family with lots of parking plus oversized commercial style 2 car garage. Great for plumber, electrician, carpenter, landscaper etc..
Low taxes make this a very attractive income producing investment. call LA Russell 201-286-1339
Low taxes make this a very attractive income producing investment. call LA Russell 201-286-1339
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $950,000 | Apartment Style | Low-Rise |
| Price Per Unit | $237,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 8% | Building Size | 2,640 SF |
| Gross Rent Multiplier | 10.15 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1940 |
| Property Type | Multifamily | Parking Ratio | 3.79/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | GO - General Office | ||
| Price | $950,000 |
| Price Per Unit | $237,500 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Gross Rent Multiplier | 10.15 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 2,640 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 3.79/1,000 SF |
| Zoning | GO - General Office |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
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