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Central Montclair Apartment Building For Sale
- Extremely well-located 10 unit multifamily property in central Montclair location
- Each unit pays own heat and has own patio or terrace.
- On-site parking and on-site coin-op laundry
- Recent Improvement: New roof & new structure $120,000
- Recent Improvement: Updated outside lighting $8,500
- Recent Improvement:Upated appliances in 4 units $18,000, plus painting
- To be completed before closing: new interlocking wall in parking lot $16,000.00
- Well-maintained,
- currently 1 vacancy but generally fully occupied
- 2 hot water heaters (gas, ll pays,)
- Storage units
- Email for income/expense report
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MLS ID: n/a Style: Multi-Family Year Built: 1965 Total Square Footage: 8,975 Bedrooms: 24 Bathrooms: 14 (Full: 10 3/4: 0 1/2: 4 Other: 0) Status: Sold on 7/10/2010 Stories: 2 Parking Type Description: Off Street 14 cars New Construction: No Lot Information Lot Size: 22448 SQ. FT. Financial Considerations Estimated Annual Taxes: $31,309 Locale County: 16
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Basement Description Full Cooling System Wall A/C Unit(s) Docs Available Income & Expenses Equipment Avail Appliances Smoke Detector Heat Source Electric Heat System Baseboard - Electric Multi-Zone See Remarks Lease Includes Common Area Maint Location Residential Area Lot Description Level Lot Other Assessment Amount Building - 910700 Assessment Amount Land - 450000 Income, Gross Operating - 179400 Income, Net Operating - 118400 Num 2 Bed Units - 6 Num 3 Bed Units - 4 Num Lavatories - 13 Num Units W Full Bath - 10 Operating Expense - 61000 Property Color - Reddish SqFt Building - 8975 Tax Amount - 31309 Tax Rate - 2.301 Tax Rate Year - 2009 Tax Year - 2009 Zoning - Unknown Ownership Fee Simple Parking Description Blacktop Property Type Apartment Complex Roof Composition Shingle Sewer Public Sewer Sewer Charge Extra Siding See Remarks Utilities Electric Water Public Water Water Charge Extra Year Built Details Approximate
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| Listed By Sharon Gill | |
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