Description
Rarely offered is a chance to own this existing 10 unit apartment complex, just a block from Main St in the heart of Hammonton! Plenty of value-add potential here! New owner can continue to collect and improve the current rent roll in place or develop the property to add more rental income! Sale includes adjoining 118 Railroad Avenue lot which is also accessible from the Orchard St entrance. The building is always fully rented. Utilities are separated. Owner pays water and sewer. Current owner has renovated the existing building and has started the planning process to add more units. Will provide preliminary plans consisting of an additional 12 units. Please do not disturb tenants.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Rarely offered is a chance to own this existing 10 unit apartment complex, just a block from Main St in the heart of Hammonton! Plenty of value-add potential here! New owner can continue to collect and improve the current rent roll in place or develop the property to add more rental income! Sale includes adjoining 118 Railroad Avenue lot which is also accessible from the Orchard St entrance. The building is always fully rented. Utilities are separated. Owner pays water and sewer. Current owner has renovated the existing building and has started the planning process to add more units. Will provide preliminary plans consisting of an additional 12 units. Please do not disturb tenants.
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