Bought with Pierce Conway • Compass New Jersey, LLC-Montclair
$1,250,000
$1,200,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4.5 Baths
SOLD DATE : 08/23/2024
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24018574
Sold Date 08/23/24
Style 4 Family
Bedrooms 8
Full Baths 4
Half Baths 1
Annual Tax Amount $22,771
Property Description
Package deal. Turn Key Operation! Two income producing two-family properties directly side by side, in Downtown Montclair, just 200' from Bay Street train station to NYC. Close to Bloomfield Ave and Walnut St. shopping and restaurants as well. All utilities are separately metered, including water. Tenants pay for Gas (including heat), Electric and Water. Owner only pays for Sewer, R.E. Taxes, Insurance and common hallway electric. Two brand new water heaters in 32 Grant. Tenants are responsible for keeping the property and sidewalk clean, snow removal and moving trash and recycling to curb. Storage units and laundry hook-ups for each apartment are located in the basement. Shared parking lot for 10-12 cars, private paver & brick patios and vegetable gardens for the tenants use. Ask for income and expenses. More interior photos by request. BOM due to oil tank found during inspection. Tank has been removed, soil is clean, and permits/paperwork are in process.
Location
State NJ
County Essex
Area Montclair
Interior
Heating Baseboard, Gas, Hot Water, Multi-Zone
Fireplaces Type None
Laundry Basement, Hook Ups, Onsite
Exterior
Exterior Feature Brick, Mason/stucco
Garage None, O/See Remk, Park Space
Utilities Available Sep Elec, Sep Gas, Sep Heat, Sep Water
Waterfront Description None
View None
Building
Lot Description Regular
Architectural Style Top/Btm
Others
Ownership Private
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