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$925,000
52 Days On Site

56 LINWOOD AVENUE
WILLIAMSTOWN, NJ 08094

Commercial Sale|Pending
0
Beds
0
Total Baths
5,100
SqFt
$181
/SqFt
1960
Built
County:
GLOUCESTER
Listing courtesy of Keller Williams Realty
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56 LINWOOD AVENUE56 LINWOOD AVENUE56 LINWOOD AVENUE56 LINWOOD AVENUE
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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 beds/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.

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Listing Snapshot
Price 
$925,000
Days On Site 
52 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,100 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.36 Acres
Year Built 
1960
MLS® Number 
NJGL2076176
Status 
Pending
Property Tax 
$14,638
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
3 weeks agoStatus changed to Pending
3 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.36
Parking 
Other
Parking Spaces 
8
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5100
Water Source 
Public
Zoning 
APARTMENT
Interior Features
Appliances 
Electric Water Heater
Flooring 
Hardwood
Heating 
Natural GasRadiant
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Exterior Features
Construction Details 
Block
Fencing 
Fenced
Community Features
MLS Area 
Monroe Twp (20811)
School District 
MONROE TOWNSHIP
Schools
School District
MONROE TOWNSHIP
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Realty



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Neighborhood & Commute
Source: Walkscore
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