$1,900,000
For Sale

2-4 West Leeds Avenue

Pleasantville City, NJ 08232
#24029872
Browse 10 photos
Type:Purchase
Structure:5+ Family
Zone:Residential

Description

16 bedrooms, 8 baths, 8 patios with extra storage, 8 garages, 8 washer/dryer hook ups -located, which are all located in 2 recently renovated buildings - all under the same Blk and Lot. 100% Occupancy. All units are metered separately. Tenants pay all utilities. Located right across bus stops allowing quick and efficient travel locally within New Jersey and other major cities such as Atlantic City, NJ and Northfield, NJ. This income producing property is the perfect value-add opportunity for savvy investors! Current Rent Roll - $15,030. Gross Income - $180,360, NOI - $146,437. Rent Roll to increase to approx. $15,750 in April 2025. Pro Forma Gross Income - $189,000, NOI - $155,077. 7 out of 8 units completely renovated. 'As is' Sale.

  • Construction Details
      • Property TypePurchase
      • Style5+Family
      • Substyle5-25
    • Condition
      • Year Built1980's
  • Community and Neighborhood Details
      • CountyATLANTIC
  • Financial Details
      • Taxes Annual$21,323
  • Other
      • MLS #24029872

Location

Legal

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Lisette Cintron are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. 

All information deemed reliable but not guaranteed. Last date updated: 01/09/2023

2023 New Jersey Multiple Listing Service, Inc. All rights reserved.  

Last Updated: . Source: NJMLS

Listing Courtesy
Listing Agent: Orkeem Davis (#1021078), Phone: (609) 277-6900
Listing Office: Anhalt Realty (#1081)

Lisette CintronReal Estate Group
$
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Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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    The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Lisette Cintron are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. 

    All information deemed reliable but not guaranteed. Last date updated: 01/09/2023

    2023 New Jersey Multiple Listing Service, Inc. All rights reserved.  

    The data relating to real estate for sale on this website comes in part from the IDX Program of Garden
    State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as
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