112 Cacciola PlWestfield, NJ 07090

Property Details for 112 Cacciola Pl

Year built

2018

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents six Class A townhomes in desirable Westfield, New Jersey, currently boasting 100% occupancy. Built in 2018, this meticulously maintained multifamily property offers a compelling 4.50% cap rate with a Net Operating Income (NOI) of $180,016. Each of the six units features two bedrooms, two full bathrooms, and a half bath, providing comfortable and spacious living. High-end finishes include hardwood floors and stainless steel appliances. Additional amenities within each unit encompass a mudroom, laundry room, and a one-car attached garage. The exterior showcases a blend of stone and Hardiplank siding, enhancing both curb appeal and durability. Individual unit metering for central air and heat ensures efficient utility management. The prime location allows tenants easy access to Westfield's vibrant downtown area and the train station, within walking distance. This turnkey investment offers a rare combination of luxury, location, and strong financial performance, making it an ideal addition to any portfolio. The asking price is $4,000,000, with a price per unit of $666,666.67. Located at 112 Cacciola Place, Westfield, NJ 07090, this property is a must-see for discerning investors.

Location Insight

City

Westfield

County

Union

State

New Jersey

Latitude

40.6482

Longitude

-74.34

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