1246 McBride Ave - 3 Res units,Corner Lot,Central Business Dist
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1246 McBride Ave - 3 Res units,Corner Lot,Central Business Dist
3 Unit Apartment Building Offered at £858,915 in Woodland Park, NJ 07424
INVESTMENT HIGHLIGHTS
- Corner of two main roads
- neighbor to TD Bank, PNC Bank, Amazon Warehouse
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
£59,647
|
£18.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£59,647
|
£18.64
|
| Taxes |
£9,365
|
£2.93
|
| Operating Expenses |
£4,772
|
£1.49
|
| Total Expenses |
£14,137
|
£4.42
|
| Net Operating Income |
£45,510
|
£14.22
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £59,647 |
| Annual Per SF | £18.64 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £59,647 |
| Annual Per SF | £18.64 |
| Taxes | |
|---|---|
| Annual | £9,365 |
| Annual Per SF | £2.93 |
| Operating Expenses | |
|---|---|
| Annual | £4,772 |
| Annual Per SF | £1.49 |
| Total Expenses | |
|---|---|
| Annual | £14,137 |
| Annual Per SF | £4.42 |
| Net Operating Income | |
|---|---|
| Annual | £45,510 |
| Annual Per SF | £14.22 |
PROPERTY FACTS
| Price | £858,915 | Building Size | 3,200 SF |
| Price Per Unit | £286,305 | Average Occupancy | 100% |
| Sale Type | Investment | Number of Floors | 3 |
| No. Units | 3 | Year Built/Renovated | 1950/2017 |
| Property Type | Multifamily | Parking Ratio | 2.19/1,000 SF |
| Price | £858,915 |
| Price Per Unit | £286,305 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 3,200 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built/Renovated | 1950/2017 |
| Parking Ratio | 2.19/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 1,100 |
| 1+1 | 1 | - | 1,000 |
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ZONING
| Zoning Code | Central Business District |
| Central Business District |
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1246 McBride Ave - 3 Res units,Corner Lot,Central Business Dist
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