Large 6 bedrooms corner lot multifamily located seconds away from the garden state parkway in need of TLC. Unit 1 & 2 can be converted into a 3 bedroom apartment. Unit 2 has 4 bedrooms spread over 2 floors, 3rd floor unit was previously a self-contained 1 bedroom apartment. Potential Rental Income Unit 1 = $1,600 - $1,800 Unit 2=$1,800- ,$2,200 , Total Potential Rental Income : $3,400 - $4,000. Large basement with the potential to create additional living space. Detached rear double garage. Close to all local transportation & easy commute to New York City. Great opportunity for owner-occupier that want their tenants to pay the mortgage or a landlord looking for a solid investment opportunity. Seller is willing to complete cosmetic repairs and updates to meet FHA requirements or provide a seller's credit for strong offers. Home will be delivered completely vacant. Repairs & updates the home will be worth between $450-480K+. Owner holds a New Jersey Real Estate License. Easy show!
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