Location 7 Thomas Street , South River, NJ
List Price $449,000
Call: Please call 732-422-8155 for an appointment to view inside of property
Description

4 Units, 3 Apartments and 1 store Front Brick Building
1) Store presently occupied by a Beauty Parlor
2) Apartment - 2 Bedrooms , 1.5 Baths, Living Room, Eat in Kitchen
3) Apartment - 2 Bedrooms , 1 Baths, Living Room, Kitchen
4) Apartment - 2 Bedrooms , 1 Baths, Living Room, Kitchen

1 Car Garage and Basment. Landlord Pays for water, Tenant pays all utilities
Size of property - 38 ft x 100 ft
Driving Directions  

 

South River NJ Monthly Income

Unit 1 $950
Unit 2 $850
Unit 3 $850
Unit 4 $750
Other Income $175
Total Income Monthly $3575

Annual Income

Gross Scheduled Income (GSI) $42,900
Gross Operating Income (GOI) $42,900
Operating Expenses ( RE taxes , etc) $6750
Net Operating Income ( NOI) $36,150

Photos