9 Quinton Alloway Rd, Salem, Nj
For Sale
Multifamily
$1,800,000
Price
7.21%
Cap Rate
$129,747
NOI
Overview
Cap Rate
7.21%
NOI
$129,747
Building Size
12,000 sqft
Year Built
1900
Price Per Sqft
$150
Zoning
APT
Roof
Architectural Shingle
Description
Quinton Twp multifamily, the mailing address is Salem however this is not Salem City. 6 Duplexes on one block and lot. 8 three bedroom one bath and 4 two bedroom one bath. Laundry in all units. All units have a finished attic and full unfinished basement for storage. New architectural shingles on all the buildings. New Siding on 5 of the buildings. Public water and Public Sewer. Electric water heaters in all units. Every unit has separate above ground oil tanks, tenant is responsible to fill for heat. There are plenty of opportunities for an increase in rents. 2024 Pro-forma gross income of $186, 720.
Highlights
- Days on Market: 51
- Heating: Baseboard - Hot Water
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Listing ID: 802860962868
Listing ID: 802860962868