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504 Washington Avenue
Belleville, NJ 07109
Asking Price
Contact for price
Asset Type
Special-purpose
Class
Class B
What's Special
Washington Ave Opportunity <p>Ideal investment-building opportunity located in the Heart of Belleville! High Traffic location, next to Taco Bell, Auto Zone, Urgent Care and other businesses. 50 x 125 level lot with approx 1000 sq ft block building-retail store with ample parking on side, 2 large and open rooms and half bath, gas forced air heat, central air, flat roof and paved parking area on side, currently tenant occupied on a month-to-month lease at $2,500 per month. Rear and side yard currently bocce court, patio and
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
