Fully leased! This quadplex residential property is a solid moneymaker with great cashflow and a low expense ratio. The tenants pay their own gas and electric, and have their own heaters, water heaters and entrances, which helps keep the owner's costs to a bare minimum. The rents on the recently renovated units on the 27 address side demonstrate that these apartments are in high demand. The building is in a great location for a multifamily and in the desirable town of Moorestown. The lot is large and has potential. Four-unit multifamily buildings in this area don't come along too often, so make an appointment to tour this property today!
Listing courtesy of Camden Realty Services, LLC.. Contact: (856) 200-8263