10 Franklin Ave - Apartments FOR SALE


Harrison, NJ 07029
$1,600,000 USD
973-575-6700
10 Franklin Ave, Harrison, NJ for Sale
$1,600,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

10 Franklin Ave
Harrison, NJ 07029


HIGHLIGHTS

  • Opportunity to buy a cash flow positive investment in a great neighborhood with a commuter train to NYC minutes away.
  • Rents are below market rate, room for growth. Low expenses and all separate utilities
  • All units are occupied.

OVERVIEW

Nicely updated property with a short distance to Path Train. Neighborhood is becoming more gentrified with every passing year with property values and rents continue to rise. Long term tenants on month-to-month leases. Equipped with: Fire Alarm, Appliances, Fixtures, Restrooms - Private, Sign - Freestanding, Smoke Detector, Storage Area(s).

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$182 USD /SF

# OF UNITS

6

PRICE/UNIT

$266,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,302 SF

ZONING

N/aV

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kyle PoskittRealty ExecutivesMore Info
973-575-6700

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Kyle PoskittRealty ExecutivesMore Info
973-575-6700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.