Income Investment Building for Sale for sale in East Orange, NJ

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Income Investment Building for Sale
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Location: East Orange, NJ
Located in East Orange this two story Brick Building is two blocks from the train station has 2 Retail Stores and 6 Residential Apartments. Fully rented there is a 1400 sq ft food store, 675 beauty salon and 6 one bedroom apartments. Separate Utilities. Gross yearly income is $80,400. Call to see this property. Brent 908-347-4034

Contact Information
Brent R. Franklin
Price: $490,000.00
CAP Rate: 20
GRM: 6700
Price per Sq ft: 54.44
Property Location
42 S Arlington Ave
East Orange, NJ 07018
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Units: 8
Bedrooms: 6
Bathrooms: 8
Year Built: 1930
Parking Spaces: 0
Square Footage: 9000
Lot Size: .15
Floors in Bldg: 2
School District: E Orange
Broker: Brent Franklin
Agent Name: RE/MAX Alliance
MLS #: will follow
Separate Meters: Yes
Building Amenities
Smoke alarms
Interior Amenities
Hardwood Floors
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  • Price: $490,000
  • Bedrooms: 6
  • Bathrooms: 8
  • Square Feet: 9,000

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Fraudsters advertise a real estate property usually at a considerable discount. This allows the fraudster to receive as many replies or inquiries as possible. The fraudster goest to great lengths to make this property look as legitimate as possible and might include pictures, floor plans, etc. To make sure you express an interest in the property the fraudster will ask you to wire money for a deposit, verify funds, or other legitimate sounding reasons.