$785,000
Est. $5,016/mo
Listing Courtesy of Real Broker, LLC
Victor Mangeney
8563524045
sharonwoodsrealtor@gmail.com
Listing data provided by Bright MLS
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Description
Exceptional Income-Producing Multi-Family Property Don't miss this outstanding investment opportunity in Mannington, New Jersey. This well-maintained 7-unit multi-family property has delivered 100% occupancy from 2022 through 2026, providing consistent rental income and long-term stability. Property Highlights 7 Total Residential Units 2 Three-Bedroom Units 4 Two-Bedroom Units 1 Four Bedroom Unit Annual Gross Rental Income: $87,600 100% Occupancy (2022–2026) Next Scheduled Rent Increase: August 2026 Parking & Storage Parking for 8+ vehicles with off-street parking and driveway Oversized 4+ car garage, offering additional storage, tenant amenities, or future income potential Investment Potential This fully occupied asset offers immediate cash flow with an upcoming rent increase already scheduled. The diverse unit mix appeals to a wide range of tenants, while the abundant parking and oversized garage add value rarely found in comparable multi-family properties. Whether you're expanding your portfolio or seeking a stable income-producing property, this Mannington investment is an excellent opportunity. Contact us today for additional financial information or to schedule a private tour.
Property Details
Property Type
multi_family
Year Built
1930
Lot Size
3.97 sqft
MLS #
NJSA2019404
Listed
Jan 1, 1970
Features & Amenities
- Forced Air
- Radiator
- Wall Unit
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