Thursday, February 23rd, 2012

MULTIFAMILY WEATHERIZATION ASSISTANCE PROGRAM

INCCA Carroll Street Houses

Ken Ross, LAN Associates

201-447-6400

Notice is hereby given that sealed bids will be received by INCCA Carroll Street Houses, 40 ALBERT M. TYLER PLACE, PATERSON, NJ 07501, on  WEDNESDAY, SEPTEMBER 7, 2011 at 11:00AM at INCCA Carroll Street Houses, 40 Albert M. Tyler Place, Paterson, NJ 07501, prevailing time and at that time publicly opened and read for proper delivery of services in Passaic County.

 

The Bid Documents and Specifications are on [...]

Thanks to the generous allocation of the Federal Stimulus Funding via the American Recovery and Reinvestment Act of 2009 under President Barack Obama, VMC Management was able to successfully compete and win on behalf of its client an award of $440,000 for energy efficiency improvements.  Through the Multifamily Weatherization Assistance Program of the New Jersey Housing and Mortgage Finance Agency (NJHMFA) of the Department of Community Affairs (DCA) of New Jersey, VMC’s client will provide for its residents energy efficiency [...]

Property Summary

Property Specifics
Multifamily Residential

Offering Price               $325,000
County                                  Essex
Block / Lot                        105 / 47
Number of Units                         4

Square Feet                        2,880.0

Investment Highlights

Bank Owned Property
Tenant Pays Own Gas/Heat
Great for Owner Occupied or Investor

Location Highlights

Strong rental base and significantly low vacancy rates
Public Transportation Access Within Blocks and Close Proximity to GSP
Minutes from Garden State Parkway

Property Highlights

Two 2-Story Duplex Side by Side Units
Building Requires Extremely Modest Repairs Since Renovation

MLS Information

Garden State MLS# 2707373

[...]

This five (5) unit multifamily residential offering, 304 Ege Ave, Jersey City NJ offers an excellent cash on cash return with an exceptional capitalization rate. Call us for details!

Seventeen Affordable 3-4 BR Homes From $75K – $195 Breaking Ground 10/2009!

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