156 Chestnut Ave - Apartments FOR SALE


Oaklyn, NJ 08107
$375,000 USD
856-810-5712
156 Chestnut Ave, Oaklyn, NJ for Sale
$375,000 USD
Apartments - FOR SALE
1/7
null | 11.46% Cap Rate

156 Chestnut Ave
Oaklyn, NJ 08107


HIGHLIGHTS

  • Excellent income
  • TOUR 8/22 11-1pm
  • 4 units fully occupied

OVERVIEW

TOUR WILL BE AUGUST 22nd and bids must be in by Friday 5pm. 11-1pm for showing please email or call Dawn or Jason Excellent investment opportunity located just minutes to Philadelphia in Oaklyn/ Woodlynne, between exit 3 & 4 Of NJ Turnpike, just off Route 42, 676 and 42. Quadplex building with excellent rental history & well maintained. 2 story brick front building with stucco exterior in the rear, separate entrances for tenants, 2-1BR units & 2- efficiency units. Each unit was redone between 2019-2024, hardwood floors throughout, updated baths and kitchens. The 2nd floor has a long-term tenant. Each efficiency unit consists of a large living room/bedroom, a kitchen with eat in space, a walk-through closet to get to the bathroom. The units are set up nicely with open floor plan and spacious with a total square footage of just under 3,000 sq. ft. for the entire building. This is a great opportunity with tons of upside to add to your portfolio in an area with high demand for rentals. Asking price is $359,000 less than $90,000/ unit with good income will not last long. Call or email for details and more information.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

4

PRICE/UNIT

$93,750

CAP RATE

11.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11.97 % CAP RATE

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,483 SF

ZONING

-

APN/PARCEL ID

37-00304-0000-00002

ASK ABOUT THIS PROPERTY

Jason BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-810-5712

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Jason BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-810-5712

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