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Description

PROPERTY CONSISTS OF 14 STUDENT RESIDENTS, WITH APPROVALS IN PLACE TO EXPAND RESIDENCY FOR AN ADDITIONAL 24 RESIDENTS WITHIN 2 THREE UNIT STRUCTURES. PROPOSED CONSTRUCTION OF ADDITIONAL UNITS WILL PROJECT AN ADDED $162,700 GAI, ABOVE CURRENT ANNUAL INCOME, UPON COMPLETION. 0% VACANCY RATE REPORTED FOR THE PAST 7 YRS. PLANNED EXPANSION OF RTE 108 W/ADJACENT PATH & WALKWAY, ONCE COMPLETED, WILL ENHANCE MARKETABLIITY. ATTRACTIVE PARTIAL SELLER FINANCING OFFERED TO QUALIFIED BUYERS. Building price details: $775,000.

Property Details

• Type: Multifamily
• Status: Available
• Year Built: 1850
• Buildings: 1

Map Locations