Property Price
$1,450,000
Rooms
23
Bedrooms
0
Bathrooms
0
Tax Annual Amount
$22507
Lot Size Area
0.1148
MLS Status
Active
MLS #
2514140R
This well-maintained, income-producing 4-family property is in excellent condition and ideally located near public transportation (bus and train), major shopping centers, Rutgers University, and local hospitals. Each of the four apartments features separate utilities, newer windows, updated kitchens and flooring, and newer boilers and water heaters. The property includes a new garage roof and floor, freshly painted interiors, new toilets and plumbing, and comprehensive landscaping. Significant upgrades include complete replacement of metal plumbing with PVC piping, newer concrete work, and a new roof (2021). Additional features include dual entrances for all ground-floor units, a brand-new coin-operated washer and dryer hookup in the basement, and ample storage space. With one water meter and individual electric meters for each unit, this property offers both convenience and strong investment potential. Annual Income: $135,000 (one vacant unit projected income) Cap Rate 7.19%
Days On Market
5
CarportSpaces
0
GarageSpaces
2
Lot Size Dimensions
100.00 x 50.00
