304 Ashley Ave Hackettstown, NJ 07840

Multi-Family MLS #: ih304ashley Listed By CENTURY 21 Semiao & Associates
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Property InformationDescription

Ashley Garden Apartment features ten 1-bedroom, 1-bathroom units, each offering approximately 600 sq. ft. of comfortable living space. The property includes on-site parking and a coin operated washer and dryer. Significant recent property improvements have enhanced both the building&apos;s functionality and curb appeal. These upgrades include a new roof and underlayment, new gutters and leaders, new front doors, and freshly installed front steps with pavers and blue stone finishes. The exterior also features new columns with ornate awning roofs, a new paver walkway, and a modern building mailbox<br>This asset offers a turnkey investment with minimal deferred maintenance and strong upside in rental income. The strategic improvements enhance both aesthetics and operational efficiency. With utilities partially offset by tenants, and major capital items already addressed, this property is well-positioned for stable cash flow and long-term appreciation.<br><br><br>This asset offers a turnkey investment with minimal deferred maintenance and strong upside in rental income.<br>The strategic improvements enhance both aesthetics and operational efficiency. With utilities partially offset by<br>tenants, and major capital items already addressed, this property is well-positioned for stable cash flow and<br>long-term appreciation.<br><br>All rents are below market value leaving room for a good upside!

Features

  • Cross Docks: N
  • For Auction: N
  • Full Bathrooms: 10
  • Industrial Ground Level: N
  • Level Number: 2
  • Lot Size In Text: 7040.000 Sq. Ft.
  • MLSID: ih304ashley
  • Parking Places: 10
  • Price Upon Request: N
  • Rail: N
  • Sprinklers: N
  • Style: Multi-Family (5-20 Units)
  • Sublease: N
  • Tax Year: 2025
  • Taxes: $25660.00