$995,000
232 Stuyvesant Ave Lyndhurst Twp., NJ 07071
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$995,000
Est. payment /mo
7 Beds
4 Baths
3,545 SqFt
UPDATED:
09/26/2024 05:07 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,545 sqft
Price per Sqft $280
MLS Listing ID 3926264
Style 2-Two Story, See Remarks
Bedrooms 7
Full Baths 3
Half Baths 2
Year Built 1920
Annual Tax Amount $17,936
Tax Year 2023
Lot Size 4,356 Sqft
Property Description
Unique income producing 3 family plus 2 retail unit investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Fully leased building features 2 storefronts plus 3 apartments (Two 3 bedroom units (or 2 bedroom plus dining room) and a 1 bedroom unit), all fully occupied with favorable rents with 5.5% increases built in. Large piece of property with lots of parking in rear. Yearly income: $91,548 and Yearly Expenses: $23,026. "Bones" have been well maintained and units have in between tenants. Newer roof, furnaces, and water heater. Tenants pay own electric and gas, landlord pays heat and water. Potential to expand up or out in rear, buyer should do own due diligence with Lyndhurst Twp. Buyer responsible for obtaining C/O and any inspections needed for closing.
Location
State NJ
County Bergen
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling Wall A/C Unit(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story, See Remarks
Others
Senior Community No
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Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by LATTIMER REALTY
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Garima Verma
Broker / Owner | License ID: 1859462
Broker / Owner License ID: 1859462