56 Linwood Ave, Williamstown, NJ 08094

$925,000
: 5,520
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $925,000
Days on Market: 1
Status: ACTIVE
MLS#: NJGL2076182
Living Area: 5,520
Style: Other, Unit/Flat
Year Built: 1960
County: Gloucester
School District: Monroe Township Public Schools

New Search

Property Description

56 Linwood presents a rare opportunity to acquire a fully stabilized, six-unit multifamily investment offering an attractive 8.0% in-place cap rate and immediate cash flow. Each unit is 2 bed, 1 bath with seperate metered gas/electric. This professionally maintained asset is 100% occupied with an established tenant base and has undergone a comprehensive value-add transformation over the past five years. Ownership has strategically renovated units, achieved market rents, implemented a utility reimbursement program, and completed significant capital improvements, including a new and replacement of the front concrete walkway—allowing a new owner to step into a true turnkey investment with limited anticipated near-term capital expenditures. The property also features a separate six-bay garage/storage building that enhances tenant convenience while providing future income potential, as well as coin-operated laundry for supplemental revenue. Situated on a quiet, tree-lined street in Monroe Township, the property benefits from strong tenant appeal and convenient access to Route 42, the Atlantic City Expressway, Philadelphia, and Rowan University.

Search All Properties

Additional Information