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495 New Brunswick Avenue, Fords NJ 08863 - No Longer Available

Updated: Mar 18

Mixed Use Commercial Investment Property


Acquisition Price:

$310,000


Storefront Unit/Residential Unit - 2 beds/1 bath

1,712 sqft


Great investment opportunity for any investor looking to build a powerful portfolio. Currently the storefront rental income is $1,600 and the owner occupies the residential unit. Upon 100% occupancy, the gross potential rental income is $3,300/ month or $39,600/year annual rental income. Entire building is 4 levels including the basement floor. Built in 1904. Property is zoned Mixed Use and is two (2) units, (1) Storefront/Business (2) Apartment/Residency. 2 Electric Meters. 2 Gas Meters. Tenants are responsible for utilities (Gas, Water, and Electricity). Storefront is currently rented @ $1,600/month. The 2-story apartment unit will rent quickly for $1,700/month. Yearly taxes are approx. $9,400/year.


For more information or to schedule a showing email: sarter@promiselandrealtyllc.com


"We make your real estate investing process so easy"




PROMISE LAND REALTY, LLC

Work: 313-307-6616

sarter@promiselandrealtyllc.com

www.promiselandrealtyllc.com

All Off Market Properties are Sold As-Is. Buyer must do their due diligence. Sold on Warranty deed. We are selling our assignable interest.  Proof Of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*



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