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Currently a 6.35% cap rate, this Brooklyn-style design high-income producing multi-family property is a remarkable investment opportunity. The home sits on an oversized lot of 31 ft x 126.90 ft and features four spacious apartments with hardwood floors and two detached garages, spacious enough for three cars. PLUS, the home offers a finished basement w/ half bath. Low taxes make it an attractive option for investors looking to maximize their returns. It's located on Danforth Avenue near the LIGHT RAIL station, Bayside Park, and Liberty National Golf Course. ALL OFFERS WELCOME! Part of a larger portfolio.
Listed by KELLY BASTIDAS of IPRG NJ LLC

Property Details of 346 Danforth Avenue

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 Based on information submitted to NJ_HCMLS_RETS as of February 22, 2024 1:47 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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