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Listed by Perry Sessa RE/MAX Elite Realty
$ 1,379,000
Est. payment | /mo
12 Beds
4 Baths
$ 1,379,000
Est. payment | /mo
12 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26029839
Style 4 Family
Bedrooms 12
Full Baths 4
Property Sub-Type 4 Family
Property Description
RARE 4-FAMILY INVESTMENT OPPORTUNITY! Owner-occupy or add a turnkey income-producing property to your portfolio. Ideally situated at the corner of Exton Ave & Forest St, this fully renovated property features four spacious 3-bedroom, 1-bath apartments, each offering a comfortable Living Room, Eat-In Kitchen, and excellent rental appeal. All four apartments have been completely renovated with new kitchens, bathrooms, flooring, paint, and more—allowing a new owner to benefit from a property that is ready to generate income from day one. Each unit has separate utilities, providing an important advantage for investors. The income potential continues with a two-car garage currently rented for $500/month, plus off-street parking accessed from the dedicated driveway on Exton Ave. The basement is divided for additional storage and features coin-operated laundry, creating another valuable amenity for tenants. The property currently generates over $127,800 in annual gross income, with significant upside potential for an investor looking to increase returns. With four 3-bedroom units, multiple parking options, garage income, separate utilities, and a commuter-friendly location, this is an ideal opportunity for the savvy investor, first-time landlord, or owner-occupant. Four-family properties this well positioned and fully renovated are hard to find. Don’t miss this opportunity to acquire a strong income-producing asset with built-in potential for future growth!
Location
State NJ
County Bergen
Interior
Laundry Basement, Coin/Card
Exterior
Garage Spaces 2.0
Nearby Locations