100 W. Brown St., Somerville, NJ
Multi-Use for Sale - $529,900 - 6,240 Sq. Ft.
Property Info
| CIMLS# | 1030465 |
| Location 100 W. Brown St. Somerville NJ 08876 | |
| Updated | April 27th, 2019 |
| Type | Multi-Use |
| Price | $529,900 |
| Building | 6,240 Sq. Ft. |
Property Description
Solid brick building built by original owner. All separate utilities. Apartments presently leased till 11/01/2018 with option to re-new. Central air and parking lot in back of building. Roof, furnace, CAC, windows; newer. Hardwood floors thru out. Prime location in Somerville; near major highways and walk to town. Huge basement used by tenants/ washer/dryer.
Financials
Cap rate; 7.5
GOI; $58,320
Total expenses; $20,877
Net; $37,443
