$2M
_ 3-Story Mixed-Use Building
_ 5 Units (4 Residential + 1 Commercial)
_ Total Size: 6,822 Sq Ft (2,274 Sq Ft x 3 Floors)
_ 1st Floor(Retail): Laundromat w/52 Machines
_ 2nd+3rd Floor(Residential): 4 Units (2 BD / 1 Bath)
_ Tax: $23,078 (2024)
_ Insurance: $10,500, Water: $2,500, PSEG: $3,000, Maintenance: $2,000
_ Property Income (Building): NOI $80,721
_ Retail Income (Laundromat): Gross Sales $360K, NOI $126K
_ Total Net Income: $207K
_ CAP: 9%
_ No Rent Control (Low Rent, High Upside Potential)
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