Multifamily
128 E 4th Ave
128 E 4th Ave, Roselle, NJ 07203
Listing Price: Request For Offer
Number of Units
12
Occupancy
75.0%
Gross SF
3,929
Investment Overview
Marcus & Millichap is excited to bring the property located at 128 E. 4th Ave., Roselle, NJ (Block: 3201 Lot: 7) to market for sale. The property is a 12-unit rooming house with 3,929+/- sqft on a 0.269 acre lot
Investment Highlights
- 12-room, licensed rooming house - 11 rooms and a 1bed/1bath super's apartment
- High tenant demand in Eastern Union County fuels low vacancy & strong collections
- Huge upside through lease-up and capital improvements to generate high rents
- Legal non-conforming rooming house use in a highly sought after multi-family zoning market
Exclusively Listed By
Listing Price: Request For Offer
Number of Units
12
Occupancy
75.0%
Gross SF
3,929
Investment Highlights
- 12-room, licensed rooming house - 11 rooms and a 1bed/1bath super's apartment
- High tenant demand in Eastern Union County fuels low vacancy & strong collections
- Huge upside through lease-up and capital improvements to generate high rents
- Legal non-conforming rooming house use in a highly sought after multi-family zoning market
Investment Overview
Marcus & Millichap is excited to bring the property located at 128 E. 4th Ave., Roselle, NJ (Block: 3201 Lot: 7) to market for sale. The property is a 12-unit rooming house with 3,929+/- sqft on a 0.269 acre lot
Exclusively Listed By