Description
Fabulous opportunity to purchase a well maintained income producing 6 family building located at 32 Corbin Avenue in Journal Square. With all units boasting 2 bedrooms with one bathroom you are sure to attract tenants who will be commuting close by via path to NYC. Investors will love the over 6% CAP rate with the annual net income nearly 100k! Some tenants have occupied long term, and all rents are collected on time. Currently unit 4 is renovated and vacant. Building has separate water heaters, and is well maintained. Compare area buildings, pricing, and financials; you'll find that 32 Corbin has the right numbers and is an excellent acquisition to make. Put that on the books and Inquire within today!
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0BEDS
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N/AACRES
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6BATHS
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01/2 BATHS
School Ratings & Info
Description
Fabulous opportunity to purchase a well maintained income producing 6 family building located at 32 Corbin Avenue in Journal Square. With all units boasting 2 bedrooms with one bathroom you are sure to attract tenants who will be commuting close by via path to NYC. Investors will love the over 6% CAP rate with the annual net income nearly 100k! Some tenants have occupied long term, and all rents are collected on time. Currently unit 4 is renovated and vacant. Building has separate water heaters, and is well maintained. Compare area buildings, pricing, and financials; you'll find that 32 Corbin has the right numbers and is an excellent acquisition to make. Put that on the books and Inquire within today!
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Data last updated: 2023-05-27T18:25:45.203.