A rare stabilized 6-unit asset located in the heart of Paulsboro. This property offers a unique value-add opportunity. With the expansion of the Paulsboro Marine Terminal and steady demand from the Philadelphia commuter workforce, this building is positioned for long-term rental growth and minimal vacancy. Strategic Location: Just 20 minutes from Center City Philadelphia and minutes from I-295 and Route 130.
Recent Capital Improvements: Roof 2019, Fire Alarm system 2024
Separate Utilities: Tenants pay their own electric/gas/heating
Six 1-Bedroom / 1-Bath Units with gross annual income of $92,640, NOI of $68K, with a CAP RATE of 7.7%
Heating:
Natural Gas, Steam
Cooling:
Wall/Window Unit(s)
Parking:
Assigned, Driveway, Off Street
Construction
Aluminum Siding, Stone
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Private
446 Beacon Avenue, Other, NY, 08066
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
