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$ 775,000
Est. payment | /mo
9 Beds
5.5 Baths
3,700 SqFt
$ 775,000
Est. payment | /mo
9 Beds
5.5 Baths
3,700 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $209
MLS Listing ID 3913253
Style 3-Three Story
Bedrooms 9
Full Baths 5
Half Baths 1
Year Built 1887
Annual Tax Amount $9,223
Tax Year 2023
Lot Size 2,178 Sqft
Property Description
You now have an unbelievable chance to become the owner of this legal three-unit multi-family property. Spacious bedrooms, large living rooms and a complete mother daughter suite in the backyard are just some of the perks. This is a legal three family home with an additional mother daughter suite located in the backyard. Currently, there is $60,600 of rent being collected per year. As you walk into the primary unit on the second floor you are greeted with a huge living room, a renovated kitchen with an island, barnyard doors and a spacious attic. Situated in the desirable Ironbound section, it is minutes from major highways like Garden State Parkway, I-78, Route 22 & I-280. This property is located 5 minutes from Newark Penn Station and 10 from Beth Israel Hospital. While also being within 30 minutes from NYC! This property is ideal for both first time homebuyers looking to have tenants pay their mortgage and seasoned investors looking for a great return on investment. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.
Location
State NJ
County Essex
Rooms
Basement Finished
Interior
Heating Gas-Natural
Cooling Wall A/C Unit(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Stucco
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Parking Type On-Street Parking
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by SIGNATURE REALTY NJ