88 Ashland Ave - Apartments FOR SALE


West Orange, NJ 07052
$1,000,000 USD
908-230-1599
88 Ashland Ave, West Orange, NJ for Sale
$1,000,000 USD
Apartments - FOR SALE
1/4
null | 3.01% Cap Rate

88 Ashland Ave
West Orange, NJ 07052


OVERVIEW

For Sale: 88 Ashland Avenue: Strong Upside Potential Rose Real Estate offers for sale a 5-unit, income-generating multi-family building in West Orange 88 Ashland Avenue: 5-Unit Building      •    Unit Mix: 1 x 3-bedroom, 4 x 2-bedroom apartments    •   Key Features: All units are separately metered for hot water, heat, cooking gas, and electricity. There is forced hot and cold air, providing added comfort for tenants.      •    Parking: Ample onsite parking for tenants.     •    Upside Potential: The property features below-market rents, creating a significant opportunity for rental rate increases and value appreciation through strategic rent adjustments.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

5

PRICE/UNIT

$200,000

CAP RATE

3.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

88 Ashland Avenue West Orange NJ

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,837 SF

ZONING

I

APN/PARCEL ID

22-00062-0000-00020

ASK ABOUT THIS PROPERTY

Lauren FedergreenRose Real Estate LLCMore Info
908-230-1599

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

Lauren FedergreenRose Real Estate LLCMore Info
908-230-1599

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