• Address: 5 N Grove Ave, National Park, NJ 08063 (map)
• Date Posted: 11/06/09
• Bedrooms: 6+

5 North Grove Street, National Park

This legally zoned triplex consists of two 2 bedroom units on the lower lever and one 3 bedroom unit above. Each unit is separately metered and has its own heater and water heater. The two 2 bedroom units are in rent ready condition. The 3 bedroom unit needs minor cosmetic work to rent. Also needs new roof. Overall this triplex is in good condition. Call Pat or Dave directly at number below for lockbox information.

Purchase Price: $149,000
Rehab: $12,000
Taxes: $6,666
Rents: $1,100/900/900/mo.
20% down: $32,200
Mortgage Amount: $128,800
PITI - 30 yrs @ 6.25%: $1,408/mo.
Positive cash flow: $ 1,500/mo.

Property Features
* Hardwood flooring
* Ceiling Fans
* Basement
* Backyard

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