731 GRAISBURY AVE Blackwood, NJ 08012

$52,800 Gross Annual Income!! All 5 units recently renovated!! 5 Unit Building on quiet residential street close to 42, AC EXP, 295, and shopping. This building just went through some large Capital Improvements including, New 25 Year shingle roof, new capping, new gutters and soffits as of 2011. New sealed 10 car striped parking lot, and professional landscaping gives this unique 5 unit building great curb appeal. Each unit consists of 1 Bedroom, 1 bathroom, 800 sqft. open layout from living room to dining area, and tenants have their own washer and dryer, plus ceramic tile in kitchen and bathrooms. All long term tenants. Gas heat, Gas hot water, separate meters. Most appliances are new! Value play to slightly increase rents, and charge a small flat fee for water usage, currently owner pays water and sewer. Units C and R just went through renovations with floors, kitchens and bathrooms. Please email for complete break down of rent roll and expenses. Great building with plenty of room for growth. Confidential sale, Do Not Approach Property or Tenants. TURN KEY. Seller looking to make a deal.