Average square foot calculated using Size range provided by listing agent.
Description
Incredible investment opportunity in a non-flood zone this unique multi-family property offers five legal units across two separate dwellings, all state of NJ code-compliant and featuring separate utilities for each apartment. A rare and well-maintained asset, the property includes a three-bedroom cottage, a one-bedroom studio, and three additional one-bedroom units, providing excellent rental diversity and consistent income potential. Each unit boasts its own boiler and water heater, reducing owner expenses and simplifying management. Located in a prime area, close to shops, dining, and public transportation including convenient bus service directly in front of the property this location supports strong tenant demand. Whether you're a seasoned investor or just starting your portfolio, this property is a smart, income-producing asset with minimal overhead and impressive cash flow. The Net Operating Income (NOI) will not disappoint a must-see for serious investors seeking long-term value and stability. Don't miss this opportunity to own a turn-key property with immediate upside in a high-demand rental market.Show Description
MLS® Number3978398
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1930
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatHeat Source: Electric, Gas-Natural, Heating Type: 4+ Units, Baseboard - Hotwater, Radiators - Hot Water
A/CWindow A/C(s)
Heating Fuel
Extras
Building & Land
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