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$ 825,000
Est. payment | /mo
8 Beds
4 Baths
4,290 SqFt
$ 825,000
Est. payment | /mo
8 Beds
4 Baths
4,290 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,290 sqft
Price per Sqft $192
MLS Listing ID 3905494
Style Fourplex
Bedrooms 8
Full Baths 4
Year Built 1927
Annual Tax Amount $13,937
Tax Year 2022
Property Description
Welcome to this recently renovated 2024 4-family property nestled in a highly desirable commuter-friendly area! Perfectly situated for convenience, this property offers an enticing opportunity for the savvy investor seeking a lucrative addition to their portfolio.Each unit within this charming property has been RECENTLY RENOVATED, ensuring a comfortable living experience for tenants and peace of mind for the next owner asking for top market rents. Current rent covers the mortgage! Offering the opportunity of a starting Cash flow instantly $1,000= 12K passive per year with per month total income potential to grow as rents increase. Boasting a stable rental history, all tenants are currently paying on market rents and on month-to-month leases, providing flexibility and potential for increased returns.This property also qualifies for NACA, Homebuyer downpayment/ closing cost grants, and offers flexible financing options. Seller very motivated for the right buyer.
Location
State NJ
County Essex
Rooms
Basement Full, Walkout
Interior
Heating See Remarks
Cooling See Remarks
Heat Source See Remarks
Exterior
Exterior Feature See Remarks
Utilities Available See Remarks
Roof Type See Remarks
Building
Sewer See Remarks
Water See Remarks
Architectural Style Fourplex
Others
Senior Community No
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Listed by WEICHERT REALTORS
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