For For Sale Sale
710 Washington Ave, Linden Marketed For Sale by Amy Wright & Kevin Shackleton Direct: (908) 380-5213
Email: AmyW@HallmarkRealtors.com
Fully Rented, Income Producing 4 Family Property
Asking $899,900
▪
2023 Gross Operating Income: $68,880 0.7 Miles to Linden Train Station
▪ ▪
with direct line to NYC
Recently Repaved Driveway
▪
Off-Street Parking for 8 Cars 4 Hot Water Heaters
▪ ▪
4 Laundry Hook-ups in Basement
Separately Metered Utilities (with
▪
exception of water)
4 Boilers (3 of which were
replaced within the last 2 years)
▪
High Ceilings and Beautiful
▪ ▪
Millwork throughout New Attic Windows
New Awning over Rear Entry
Apartment 1 1st Floor, Left
Lease Amount:
$1390
Lease Term:
Feb 1, 2024 to Jan 31, 2025
Security Deposit*:
$1,993.85
2 Bedrooms
1 Full Bathroom
Hardwood Floors
Eat-In Kitchen *Includes interest up to 1/24
Apartment 2 2nd Floor, Left
Lease Amount:
$1375
Lease Term:
Jan 1, 2024 to Dec 31, 2024
Security Deposit*:
$1,989.97
2 Bedrooms
1 Full Bathroom
Hardwood Floors
Eat-In Kitchen
Bonus Room (5x11) off of Front Bedroom *Includes interest up to 1/24
Apartment 3 1st Floor, Right
Lease Amount:
$1375
Lease Term:
Apr 1, 2023 to Mar 21, 2024
Security Deposit*:
$1,804.16
2 Bedrooms
1 Full Bathroom
Hardwood Floors
Eat-In Kitchen *Includes interest up to 1/24
Apartment 4 2nd Floor, Right
Lease Amount:
$1,650
Lease Term:
Jan 1, 2024 to Dec 31, 2024
Security Deposit*:
$3,330.39
2 Bedrooms, 1 Full Bathroom
Completely Renovated
New Flooring Throughout
Eat-In Kitchen
Renovated Bathroom
Bonus Room (5x11) off of Front Bedroom *Includes interest up to 1/24
Operating Expenses
2023 Taxes:
$12,779
2023 Gross Operating Income:
Homeowners Insurance:
$1,846 2023 Total Operating
Water (paid by Owner):
$1,486
Expenses:
Sewer:
$775
2023 Net Operating Income:
Misc. Repairs/Upkeep:
2023 TOTAL OPERATING EXPENSE:
$18,536.80
$50,343.20
$1,500 Current Estimated
Landscaping:
$68,880
$150
Capitalization Rate:
5.6%
$18,536,80
2023 Operating Expenses - may include optional expenses and are subject to change. All information deemed reliable but not guaranteed.
Floor Plans First Floor
Second Floor
Basement