Great opportunity to own an outstanding Income Producing Asset w/NYC View. Recently Renovated & Well Maintained State Inspected Legal 3Family w/Certificate on file located in the heart of Wood Ridge. Fully Rented property features one 2BR and two 1BR apts. All Kitchens & Baths have been Fully Renovated. Additional space has been developed in the oversized Walk-Up Attic. Large Yard. New roof/gutters, windows, furnace & exterior paint. All Separate Utilities. Sufficient Onsite Parking (10 Spaces). Misc Income includes Parking @ $205/mth & Coin Op Laundry @ $120/mth. Gross Annual Income = $56,000. Annual Expenses = $13,900 (Taxes: $11,000...Insurance: $2,200...Maint: $700). Net Annual Income = $42,100. Cap Rate = 7.2%. Great ROI. Conveniently located near major highways, trains, buses, schools, parks & shopping.
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