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About the Listing RMELITE - 3120091
Exceptional investment opportunity featuring TWO fully leased income producing properties being offered together. This turnkey portfolio combines strong cash flow with extensive updates, making it an outstanding addition to any investor's holdings. The first mixed use building features a beautifully renovated commercial space on the first floor, currently occupied by a well established restaurant, along with three fully leased residential apartments. The commercial space has been thoughtfully updated, creating an attractive and modern environment for its long term tenant. The second building consists of six renovated one bedroom apartments, each with its own private entrance. Every unit has been updated and is fully occupied, providing immediate and consistent rental income. Both buildings have been well maintained and feature new siding, new roofs, and rear parking for tenants and customers. With all units leased, extensive renovations already completed, and strong in place income, this is a rare opportunity to acquire a stabilized, low maintenance investment with excellent cash flow from day one. Whether you're expanding an established portfolio or adding your next high performing asset, this property offers the ideal combination of quality, occupancy, and long term investment potential.
Listing Highlights
Status
Active
Days on Site
22
Property Type
Commercial Sale
MLS ®
NJHT2005184
Year Built
1940
Total Square Footage
0
Lot/Acreage
0.66
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Zoned
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Well
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 12
- Lot Dimensions: 0.00 x 0.00
- Zoning: LB
- Roof: Shingle
- Others: Excellent
- Sewer: On Site Septic
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $13,274
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
28 John Ringo Rd Ringoes, NJ 08551
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