This is a new fully leased five unit townhouse development. The five units are identical consisting of: 1,500 SF; Main floor is a combined living area with a eat-in-kitchen, half bathroom with garage and deck; Second floor consist of two large bedrooms with walk-in closets, full bathroom and laundry room; and the Lower floor has a finished family room and patio in a picturesque setting. Great investment that generates annual income of $86,715. Thus producing a 4.5 % Cap Rate. This includes one COAH unit.
Off market
$1,440,300
83-91 W Oakland Ave, Oakland, NJ 07436
2beds
0baths
1,354sqft
MultiFamily
Built in 2020
-- sqft lot
$-- Zestimate®
$1,064/sqft
$3,209 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Heating
- Other, Gas
Features
- Flooring: Other
Interior area
- Total interior livable area: 1,354 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Shingle (Not Wood)
Lot
- Size: 2.30 Acres
Details
- Parcel number: 4201801000000009
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 2020
Community & neighborhood
Location
- Region: Oakland
Other
Other facts
- MLS Listing ID: 20012870
- MLS Name: Abbott Realtors