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205 W Flower Street

LANDISVILLE, NJ 08326
  • $299,900
  • STATUS: Active
  • ON SITE: 135 Days
  • MLS #: NJAC117624
$299,900
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,518
    SQFT
  • $119
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Information

High School:
School District:

Description

If you are in the market for a cash flowing TRIPLEX in a great location, this is the one. 205 W Flower St is an investors dream, with 3 occupied units located in the quiet Landisville area, you will be able to purchase this and enjoy a low stress investment. The property currently generates $33,000 annually in income, and there is room for more. After expenses, the property operates at an NOI of $22,524. There are two 1 bedroom, 1 bathroom units, and one 3 bedroom, 1 bathroom unit. Since the current landlord purchased, units 1 and 3 have been upgraded with new doors, kitchens, bathrooms, some flooring, main entrance foyer, and new paint. In 2020, a metal roof was entirely sealed and Fascia installed all around roof, and the entire basement was brought to good shape. In 2019, back yard gravel parking space was created. Great location, great cash flow, great long term potential. Don't miss this one!

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-21T23:51:36.153.
www.kayplatinumgroup.com/homes/118018200
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205 W Flower Street LANDISVILLE, NJ 08326

  • Price: $299,900
  • Status: Active
  • MLS #: NJAC117624
0
Beds
0
Baths
0
½ Baths
0.34
Acres
2,518
SQFT
$119
$/SQFT
1925
Built
Neighborhood:
Buena Boro (20104)
County:
Atlantic
Area:
Buena Boro (20104)
High School:
Buena Regional
School District:
Buena Regional Schools
Property Description
If you are in the market for a cash flowing TRIPLEX in a great location, this is the one. 205 W Flower St is an investors dream, with 3 occupied units located in the quiet Landisville area, you will be able to purchase this and enjoy a low stress investment. The property currently generates $33,000 annually in income, and there is room for more. After expenses, the property operates at an NOI of $22,524. There are two 1 bedroom, 1 bathroom units, and one 3 bedroom, 1 bathroom unit. Since the current landlord purchased, units 1 and 3 have been upgraded with new doors, kitchens, bathrooms, some flooring, main entrance foyer, and new paint. In 2020, a metal roof was entirely sealed and Fascia installed all around roof, and the entire basement was brought to good shape. In 2019, back yard gravel parking space was created. Great location, great cash flow, great long term potential. Don't miss this one!
Exterior Features

Architectural Style Traditional Construction Materials Frame Garage Spaces 3.00 Garage Type Additional Storage Area Garage YN Yes Location Type Corner Lot/Unit Other Structures Above Grade Parking Types Detached GarageDriveway Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2518 Cooling Window Unit(S) Exclusions Tenant Personal Property. Fireplaces Total 0 Heating Radiator Heating YN Yes Inclusions All Appliances And Utility Systems. Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel Electric Existing Lease Type Yearly Heating Fuel Natural Gas Hot Water Natural Gas Municipality Buena Boro Navigable Water YN N Net Operating Income 22526.00 New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Operating Expense 10476.00 Operating Expense Includes InsuranceTrash Original MLSNumber 304644025980 Owner Pays InsuranceSewerTaxes - Real EstateTrash Collection Ownership Interest Fee Simple Possession Settlement Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 6163.00 Tax Assessment Amount 189000.00 Tax Lot 00001 Total Actual Rent 33000.00 Vacation Rental YN No Water Source Public Zoning Pr-3 Zoning Description Pinelands Residential Town 3 -- From Buena Borough Zoning Map

Listing courtesy of Depalma Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-21T23:51:36.153.
 
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Kay Platinum Real Estate Group | EXP Realty
966 Shoppes Blvd
North Brunswick Township NJ, 08902