$ 925,000
-
$925,000
Price -
12
Bed -
6
Bath -
5,520
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing KELWLM-M - 3278542
56 Linwood presents a rare opportunity to acquire a fully stabilized, six-unit multifamily investment offering an attractive 8.0% in-place cap rate and immediate cash flow. Each unit is 2 bed, 1 bath with seperate metered gas/electric. This professionally maintained asset is 100% occupied with an established tenant base and has undergone a comprehensive value-add transformation over the past five years. Ownership has strategically renovated units, achieved market rents, implemented a utility reimbursement program, and completed significant capital improvements, including a new and replacement of the front concrete walkway—allowing a new owner to step into a true turnkey investment with limited anticipated near-term capital expenditures. The property also features a separate six-bay garage/storage building that enhances tenant convenience while providing future income potential, as well as coin-operated laundry for supplemental revenue. Situated on a quiet, tree-lined street in Monroe Township, the property benefits from strong tenant appeal and convenient access to Route 42, the Atlantic City Expressway, Philadelphia, and Rowan University.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
NJGL2076182
Year Built
1960
Total Square Footage
5,520
Lot/Acreage
0.00 x 0.00
County
Gloucester
Neighborhood
Woods Of Washingto
Area
Monroe Twp (20811)
School District
Monroe Township Public Schools
Interior Details
- Bedrooms: 12
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Wall Unit
- Heating: Radiator
- Fireplaces:
- Floor: Hardwood,Carpet
- Above Ground Sq Ft: 5520
- Below Ground Sq Ft: 0
- Basement: Full
- Other: Wood Floors
- Water: Public
Exterior Details
- Lot Description: Level,Not New Construction,Horse Property: No
- Garage Capacity: 6 car
- Parking Spaces: 6
- Lot Dimensions: 0.00 x 0.00
- Zoning: APART
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Private,Covered Parking,Detached Garage,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $14,638
- 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
% Mortgage Rate
Questions About..
56 Linwood Ave Williamstown, NJ 08094
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
