Five-Unit Apartment Building for
4 Ward Ave Leesburg, NJ 08327
4 Ward Ave, Leesburg, NJ, 08327
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For Sale
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Five-unit apartment building with rehab potential in historic mansion.
Property Size4,800 SF
Price / SF$72.90
Days on Market165
Property Features for 4 Ward Ave
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1850
Listing Agency
M. Riccardi Agency Inc
(215) 752-4200
Listed by
mike riccardi · License #PA. RM420502
Source
Crexi
Added: Feb 5 Checked: Jul 16 at 4:32 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of M. Riccardi Agency Inc
Investment Insights
Based on property information with market context.
This is a five-unit apartment building featuring four one-bedroom units and one two-bedroom unit. Located in a historical mansion, the property retains its original charm and character. The building is currently vacant and ready for rehabilitation, presenting a value-add opportunity. Some improvements have already been made, including work on the roof, separate electric systems, concrete, a stone driveway, and some flooring. The property has a size of 4800 square feet and offers significant cash flow potential. One-bedroom units in the area rent from $1000 to $1400 per month, while two-bedroom units rent from $1300 to $1800 per month.
Key Highlights
- High cash flow potential due to below‑market price and strong rental income potential.
- Large 5‑unit apartment building (4 one‑bedroom, 1 two‑bedroom).
- Separate electric meters for each unit.
Property Analytics
Property Profile
Location Intelligence
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Apartment buildings
FAQs
What type of property is this?
Apartment building - Five-unit apartment building with rehab potential in historic mansion.
Where is this apartment building located?
The property is located at 4 Ward Ave Leesburg, NJ.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: High cash flow potential due to below‑market price and strong rental income potential.; Large 5‑unit apartment building (4 one‑bedroom, 1 two‑bedroom).; Separate electric meters for each unit.
