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103-105 Devon St 6 Unit Apartment Building $2,592,979 CAD ($432,163 CAD/Unit) Kearny, NJ 07032
Executive Summary
An exciting investment opportunity to own 6 unit, income-producing property in the heart of Kearny, NJ. Walking distance to public transportation, public parks, restaurants and shops, this property is the perfect addition to any investment portfolio. The property consists of four 2 bedroom/1 bath units and two 3 bedroom/1 bath units. Each unit has separate gas and electric meters so tenants are responsible for their own utilities with the exception of water. Property also features a rare, private backyard space for tenants to share. Coin operated laundry in the basement brings extra income and space to add storage units in the semi-finished basement provides an opportunity to add even more income! Some units are renovated while others have some room for value-add improvements. All units are occupied and tenants current on rent. Call/Text Karen Phillips 201-232-9923
Property Facts
| Price | $2,592,979 CAD | Building Class | C |
| Price Per Unit | $432,163 CAD | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 6,372 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1905 |
| Apartment Style | Low-Rise | ||
| Zoning | R-3 | ||
| Price | $2,592,979 CAD |
| Price Per Unit | $432,163 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 6,372 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1905 |
| Zoning | R-3 |
Amenities
Unit Amenities
- Eat-in Kitchen
- Refrigerator
- Range
- Tub/Shower
- Basement
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 3+1 | 4 | - | - |
1 1
Exceptionally walkable
90/100
Fairly drivable
50/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 07-00256-0000-00011 | Improvements Assessment | $237,340 CAD |
| Land Assessment | $69,352 CAD | Total Assessment | $306,692 CAD |
Property Taxes
Parcel Number
07-00256-0000-00011
Land Assessment
$69,352 CAD
Improvements Assessment
$237,340 CAD
Total Assessment
$306,692 CAD
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103-105 Devon St
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