521 Washington Street, Newark, NJ 07102
sale
$2,200,000
|
Mixed Use
Courtesy Of eXp Realty, LLC
Solid investment property with an incredible Cap just under 12.5% First 5 Year extension already signed giving investor a total of 6 yrs on current term. An additional 5 year option is included under that same agreement. Income is $275k plus net operating income Full Triple Net Lease Government Program in place and rent is paid monthly direct deposit to landlord.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Floors: 3.0
- Heating Fuel: Natural Gas
- MLSID: 22301328
- Parking Type: On Street
- Roof Type: Unknown
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Listed By CENTURY 21 Semiao & Associates