Description
Fully occupied 4 unit multi family in Roxbury, NJ. Four 1 Bedroom apartments, rents are under market.12 Mark Lane is on .65 acres acres and backs up to a beautiful lake, adding to the desirability and rental enthusiasm. All tenants have access to the lake (with a private beach) and there is a common washer and dryer in the building for tenant use. This private and tranquil setting in Morris County is near numerous employers ensuring a steady stream of renters. The units have been partially updated with some in need of minor cosmetic upgrades, giving an easy path to further increase the rents. 12 Mark Lane is on well and septic, washer and dryer provided for all tenants and heat is paid by tenants. Any investor looking for a solid and predictable cash flow should strongly consider 12 Mark Lane to their portfolio.
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4BEDS
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0.65ACRES
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4BATHS
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01/2 BATHS
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2,048SQFT
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$305$/SQFT
School Ratings & Info
Description
Fully occupied 4 unit multi family in Roxbury, NJ. Four 1 Bedroom apartments, rents are under market.12 Mark Lane is on .65 acres acres and backs up to a beautiful lake, adding to the desirability and rental enthusiasm. All tenants have access to the lake (with a private beach) and there is a common washer and dryer in the building for tenant use. This private and tranquil setting in Morris County is near numerous employers ensuring a steady stream of renters. The units have been partially updated with some in need of minor cosmetic upgrades, giving an easy path to further increase the rents. 12 Mark Lane is on well and septic, washer and dryer provided for all tenants and heat is paid by tenants. Any investor looking for a solid and predictable cash flow should strongly consider 12 Mark Lane to their portfolio.
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Data last updated 2023-03-26T11:46:42.353.