$860,000
Excellent investment opportunity with great income potential! This property features two additional units that can help cover the mortgage payment, making it an ideal choice for both investors and owner-occupants looking to generate cash flow, or just live there.The property offers 10 spacious parking spaces, a highly valuable feature for… Read More residents and tenants. Additionally, it boasts a fully finished basement with excellent potential to generate extra income (subject to corresponding municipal approvals) or to be used as a large storage area.The building is up to date with all local and state inspections, with no pending inspections, providing peace of mind to the buyer. The second-floor apartment is currently vacant and will remain so to facilitate the purchase, offering the flexibility to occupy it immediately or select your own tenant and maximize the rental potential.The property is easy to show. Buyers with a pre-qualification letter or proof of funds can coordinate a same-day showing. Don't miss out on this excellent opportunity to acquire a property with multiple income streams and great appreciation potential! Read Less
Courtesy of PROMISE LAND REALTY.
Listing Snapshot
Days Online
18
Last Updated
Property Type
Other
Beds
10
Lot Size
0.11 Acres
Year Built
1940
MLS Number
4041532
30 Days Snapshot Of 07502
$420k
-26%
(avg) sold price
2
+100%
homes sold
113
+61%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished, Full, Yes
Building
Built in 1940
Cooling
None, WindowAC
Exterior Features
Vinyl Siding
Garage
None
Water Features
Public Water
Heating
Gas-Natural, 3 Units, Baseboard - Hotwater
Interior Features
Carbon Monoxide Detector, Fire Extinguisher, Marble Floors, Parquet Floors, Smoke Detector
Lot
Approximate Lot Size: 50X100, 0.11 acres, Level Lot
Parking
12 parking spaces, 1 Car Width, Blacktop
Property
3 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $18,149, Tax Rate: 5.335
Unit One
1 bathroom, 3 bathrooms, 900 sqft, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit Two
1 bathroom, 3 bathrooms, 900 sqft, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit Three
1 bathroom, 3 bathrooms, 900 sqft, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities
Electric, Gas-Natural
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Chris Cafaro
Realtor®

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Listing Information © Garden State MLS. All Rights Reserved.
All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.

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