RARE 4-FAMILY INVESTMENT OPPORTUNITY! Owner-occupy or add a turnkey income-producing property to your portfolio. Ideally situated at the corner of Exton Ave & Forest St, this fully renovated property features four spacious 3-bedroom, 1-bath apartments, each offering a comfortable Living Room, Eat-In Kitchen, and excellent rental appeal. All four apartments have been completely renovated with new kitchens, bathrooms, flooring, paint, and more allowing a new owner to benefit from a property that is ready to generate income from day one. Each unit has separate utilities, providing an important advantage for investors. The income potential continues with a two-car garage currently rented for $500/month, plus off-street parking accessed from the dedicated driveway on Exton Ave. The basement is divided for additional storage and features coin-operated laundry, creating another valuable amenity for tenants. The property currently generates over $127,800 in annual gross income, with significant upside potential for an investor looking to increase returns. With four 3-bedroom units, multiple parking options, garage income, separate utilities, and a commuter-friendly location, this is an ideal opportunity for the savvy investor, first-time landlord, or owner-occupant. Four-family properties this well positioned and fully renovated are hard to find. Don't miss this opportunity to acquire a strong income-producing asset with built-in potential for future growth!
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Zillow last checked:
Listing updated:
Listed by:
Perry Sessa973-287-6047,
Re/Max Elite Realty
Source: GSMLS,MLS#: 4047432
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 4
Full bathrooms: 4
Heating
4+ Units, Baseboard - Hotwater, Natural Gas
Cooling
Window Unit(s)
Appliances
Included: Range/Oven - Gas, Refrigerator, Gas Water Heater
Features
Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen, Ceiling Fan(s)
Flooring: Vinyl-Linoleum Floors
Basement: Yes,Unfinished
Has fireplace: No
Interior area
Total structure area: 0
Property
Parking
Total spaces: 4
Parking features: 1 Car Width, Asphalt, Detached Garage
Garage spaces: 2
Uncovered spaces: 4
Features
Exterior features: Sidewalk
Lot
Size: 5,227 Square Feet
Dimensions: 50 x 100
Features: Level
Details
Parcel number: 1139001160000000280000
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Aluminum Siding
Roof: Flat
Condition
Year built: 1930
Major remodel year: 2026
Utilities & green energy
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Fiber Optic Available