6 Corson Street

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

6 Corson Street

Rio Grande, NJ 08242-1810
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Rio Grande
  • The property features two individual rental units for occupancy
  • Located within the established residential landscape of Cape May County
  • Accessible to major regional transportation routes in Southern New Jersey
  • Suitable asset for investors seeking a stabilized residential holding

What's Special

This multifamily apartment building at 6 Corson Street in Rio Grande, New Jersey, is currently available for sale, presenting a practical addition to a residential investment portfolio. The property consists of two units, providing a manageable scale for investors focused on small-scale multifamily holdings. Rio Grande serves as a central commercial and residential hub in Cape May County, benefiting from steady demand due to its proximity to the Jersey Shore and accessibility via major regional routes. The location offers potential for steady rental income, appealing to buyers looking to acquire income-producing assets in a stable market. With its residential configuration, this building serves as a straightforward acquisition for those aiming to balance occupancy risk while maintaining a footprint in an established coastal community. Investors will find the property well-positioned to serve local housing needs while functioning as a reliable long-term hold in the Southern New Jersey real estate market.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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

Location & Travel Times