Average square foot calculated using Size range provided by listing agent.
Description
Investor Alert - Property was sold, but buyer's 1031 exhange fell through. Brand new, completely rebuilt 4-unit multifamily property! This FULLY occupied 4-unit Multifamily property in Florence, NJ at 202 Foundry Street presents an excellent investment opportunity. The property features four rental units with long-term tenants, offering one 3-Bedroom unit; one 2-Bedroom unit; & two 1-Bedroom units. Conveniently located near I-295 and the NJ Turnpike, it provides easy access to Philadelphia and New York City. Completely rebuilt property in 2021, including structure/framework, new roof, windows, mechanicals, and significant upgrades throughout each unit. With an Annual Rental Income exceeding $85, 000, this property is a profitable investment for buyers seeking stable income. Ideal for seasoned investors or those starting their real estate portfolio, this property offers passive income and wealth-building potential. Don't miss out on owning this fully occupied Multifamily property in a prime location.Show Description
MLS® NumberNJBL2092754
Laundry Level
Central VacNo
FireplaceNo
Acreage0.06
Exterior
GarageNo
Approx. Age1940
Basement
DrivewayOn Street
Garage Spaces
HeatBaseboard - Hot Water, Natural Gas
A/CCentral A/C, Electric
Heating Fuel
Extras
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