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$ 725,000
Est. payment | /mo
7 Beds
5 Baths
5,227 Sqft Lot
$ 725,000
Est. payment | /mo
7 Beds
5 Baths
5,227 Sqft Lot
OPEN HOUSE
Sun Apr 06, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3951224
Style See Remarks, Triplex
Bedrooms 7
Full Baths 5
Year Built 1924
Annual Tax Amount $9,128
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
464 Myrtle Avenue, Irvington NJ is a meticulously renovated three-family home offering a fantastic investment opportunity (8.7% Pro-Forma Cap Rate- Inquire for Income and Expense Sheet) with modern amenities, excellent parking options, and a prime location with easy access to transportation and local attractions. Units 1 and 2 are spacious 3-bedroom, 2-bathroom apartments, if seeking generous living spaces. Unit 3 is a cozy 1-bedroom, 1-bathroom apartment, perfect for those looking for a compact yet comfortable living space. Fully gut-renovated in 2020, the property boasts modern appliances, all new plumbing and electrical, new roof, hardwood floors, central ac and forced hot air. Parking includes a 3-car covered garage, with a long driveway accommodating 5 plus car. The property is conveniently located right off the Garden State Parkway, providing easy access for commuters and travelers. The Newark Airport Railroad Station is only about 3 miles away, offering direct access to New York City via NJ Transit trains. The commute to New York Penn Station is approximately 28 minutes. NJ Transit buses (Routes 107 and 198) offer convenient transportation to Manhattan, with a nearby bus stop on Clinton Ave and Stuyvesant Ave. Located near Vailsburg Park, a lush green space offering recreational opportunities for residents. With its prime location, modern renovations, and access to public transportation, this unique 3 family home is an excellent choice for investors or owners alike!
Location
State NJ
County Essex
Rooms
Basement Full, Unfinished, Walkout
Interior
Heating Gas-Natural
Cooling Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available Electric, Gas-Natural
Roof Type See Remarks
Building
Sewer Public Sewer
Water Public Water
Architectural Style See Remarks, Triplex
Others
Senior Community No
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Listed by PROVIDENT LEGACY REALTORS