Investors Delight. Updated & Well Maintained State Inspected Legal 4FAMILY with Certificate on File located in the Heart of Lodi. Fully Rented property features two 2BR and two 1BR Apartments. All Separate Utilities. Updated Kitchens & Baths. Misc Income includes Coin Op Laundry @ $40/mth. Gross Annual Income = $75,300. Annual Expenses = $24,300 (Taxes: $15,000...Insurance: $2,900... Water: $1,300...Misc: $5,100). Net Annual Income = $51,000. CAP Rate = 8%. Great ROI. Positive Cash Flow. Conveniently located near major highways, trains, buses, airports, schools, parks, dining and shopping. Hurry, this one won't last!
Off market
Zestimate®
$1,035,600
10 Avenue A, Lodi, NJ 07644
6beds
3,504sqft
MultiFamily
Built in 1975
-- sqft lot
$1,035,600 Zestimate®
$296/sqft
$3,374 Estimated rent
Owner options
What's special
Facts & features
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Estimated market value
$1,035,600