About 73 Partridge Road
SERIOUS INVESTORS, THIS IS FOR YOU. RUNNING A 6.8% CAP RATE! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Rented with stable tenants. There is room for rent to be increased so additional opportunities are there. No rent control here! Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. Tenant all pay on time or early. None of the tenants get rental assistance. This is fabulous rental property. This is an R-40 zoned property and grandfathered. Please do not walk property without an appointment. Call for more details.
Features of 73 Partridge Road
| MLS® # | 22425516 |
|---|---|
| Price | $1,999,000 |
| Bedrooms | 14 |
| Bathrooms | 10.00 |
| Full Baths | 10 |
| Square Footage | 5,017 |
| Acres | 1.14 |
| Type | Multi-Family |
| Sub-Type | 7+ Family |
| Status | Active |
Community Information
| Address | 73 Partridge Road |
|---|---|
| Area | Old Bridge (OLD) |
| Subdivision | None |
| City | Matawan |
| County | Middlesex |
| State | NJ |
| Zip Code | 07747 |
Amenities
| Parking Spaces | 20 |
|---|---|
| Parking | Open, See Remarks, Off Street, Unpaved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Multi Units |
| Fireplace | No |
Exterior
| Lot Description | Level, Wooded |
|---|
School Information
| Elementary | Cheesequake |
|---|---|
| Middle | Carl Sandburg |
| High | Old Bridge |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Susan Grace Mcgowan |
|---|---|
| Office | Hometown Residential Realty LLC |