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Investment Highlights

  • Excellent visibility for rental advertisement near Family Dollar
  • Recently renovated with premium finishes for long-lasting, low maintenance performance
  • Lots of natural light and high ceilings

Executive Summary

OPEN RECENTLY! 9%+ cap rate Cash Flow Opportunity Calls! 6 Unit Historic, Residential Multi-Family Building with Surface Parking Lot in Beverly, NJ, minutes from the Beverly - Edgewater Park River LINE Train Stop and the Delaware River. Property Features 3, 1 Bedroom Units and 3, 2 Bedroom Units. 4 of the units are recently renovated. Renovated one and two bedroom apartments are currently available to tour and are offered for rent. Pet Friendly. Freshly Painted. Hardwood Floors. 8+ ft Ceilings. Air Conditioning. Off Street Parking Spaces. The living rooms are spacious and bright, featuring large windows that let in plenty of natural light. The kitchens are renovated and upgraded with new Refrigerator and Gas Stove Oven. The bathrooms are renovated with new vanity and fixtures. Some apartments have private elevated decks for tenant's personal use. This apartment is located in a vibrant, tree-lined neighborhood just minutes from downtown Beverly. Plenty of shops, restaurants, and parks are nearby, making it a great place to live, work, and play. If you're looking for a stylish and comfortable apartment building in a great location, this is the perfect place for you. Measurements are approximate. Buyer to verify. Pro Forma rent is $10,050/month. Own a property that will grow in value over time and bring in passive income. Submit your offer today!

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,628,713 CAD
Price Per Unit $271,452 CAD
Sale Type Investment
Cap Rate 8.17%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 4,134 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1920/2026
Parking Ratio 1.69/1,000 SF
Zoning R-2 - R-2-Residential-pre-existing non-conforming use due to its ongoing multi-family use in a single family neighborhood. Adjacent to Family Dollar.

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Microwave
  • Storage Space
  • Heating
  • Tile Floors
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Yard
  • Basement
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $2,113 CAD 600
Studios 1 $1,908 CAD 500
2+1 3 $2,521 CAD 700
  • Listing ID: 39769666

  • Date on Market: 2026-03-13

  • Last Updated:

  • Address: 212 Warren St, Beverly, NJ 08010

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