37 Lakeshore Dr, Oakland, NJ 07436
37 Lakeshore Dr, Oakland, NJ 07436Basic Details
- Date added: Added 5 days ago
- Type: Commercial
- Category: For Sale
- Status: Open
Description
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Description:
2 Unit Apartment Building Offered at $1,399,000 at a 7.69% Cap Rate Oakland, NJ 07436
Waterfront Two-Family Investment Property – Fully Renovated & Fully Occupied Exceptional opportunity to own a waterfront two-family home, fully occupied by government-subsidized tenants providing stable, guaranteed rental income. The property has been completely renovated from top to bottom, including: New roof New windows, New boilers & water heaters, New septic systems (state certified), New floors & kitchens, New appliances, Certified removal of oil tanks Located outside the flood zone for added peace of mind. Please do not disturb tenants. Showings by appointment only with proof of funds or mortgage pre-approval
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Property Details
- Area: 5,700 sq ft
- Year built: 1952/2023
- Sale Type: Investment
- Cap Rate: 7.69%
- No. Units: 2
- Apartment Style: Garden
- Lot Size: 0.18 AC
- Average Occupancy: 100%
- Building Size: 5,700 SF
- Zoning: RA3
Highlights
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- Private water access.
Property Taxes
- Parcel Number: 42-01501-0000-00061
- Land Assessment: $323,500 (2025)
- Improvements Assessment: $627,400 (2025)
- Total Assessment: $950,900 (2025)
Agent
Nixon Izgelov
Nixon Izgel
Location
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