5 FAMILY! 2 2-bedroom, 1-bath units, 2 3-bedroom, 1-bath units, and 1 4-bedroom, 2-bath unit. Excellent investment opportunity with a current 8% cap that can be easily raised to 11%. A current property management company is in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two-bedroom units, renovated 6 years ago, and equipped with central air. The second building consists of 3 three-bedroom units. 2 units were renovated 6 years ago, and the first-floor 3-bedroom unit was totally renovated last year, with central air added. There is a coin laundry for the residents and an extra parking lot for additional income. All have long-term tenants.
51 days
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94
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2
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Zillow last checked:
Listing updated:
Listed by:
Joseph Oneal201-388-1594,
Keller Williams City Views Realty
Source: NJMLS,MLS#: 26019090
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 15
Bathrooms: 7
Full bathrooms: 7
Property
Parking
Total spaces: 8
Details
Parcel number: 0800206000000009
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Utilities & green energy
Utilities for property: Natural Gas Connected, Sep Heat
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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