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$ 1,250,000
Est. payment | /mo
4,486 SqFt
$ 1,250,000
Est. payment | /mo
4,486 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,486 sqft
Price per Sqft $278
MLS Listing ID 4011029
Annual Tax Amount $18,900
Tax Year 2024
Property Description
Investors! This is the opportunity you've been waiting for! This fully renovated legal 6-unit multifamily property is a true cash-flow generator and a standout addition to any real estate portfolio. This property sits on a double lot! (502/504) Major improvements have already been completed for you! The property has been fully renovated, including a brand-new roof and a new asphalt driveway, significantly reducing deferred maintenance and capital expenses. This is a turnkey investment you can step into with confidence. Situated on a rare double lot, the property offers parking for up to 12 vehicles which is a tremendous advantage that increases tenant demand and long-term value. With solid income potential, major upgrades already done, and excellent on-site parking, this property checks all the boxes for investors looking to generate reliable cash flow.
Location
State NJ
County Essex
Zoning MIXUSE
Rooms
Basement Walkout
Interior
Heating Gas-Natural
Cooling No Cool
Flooring Tile, Wood
Equipment Appliances, Fire Alarm
Heat Source Gas-Natural
Exterior
Exterior Feature Wood
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Irregular Lot
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by NEST SEEKERS NEW JERSEY LLC
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