Bought with Outside Agent • Outside Office
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Key Details
Sold Price $755,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24021584
Sold Date 09/20/24
Style 3 Family
Bedrooms 7
Full Baths 5
Annual Tax Amount $18,097
Property Description
Welcome to your new 3-family home in Irvington! This well-maintained property boasts 7 bedrooms & 5 full bathrooms, with each unit equipped with central air & forced heat. Enjoy the convenience of a two-car garage, washer and dryer hookups, & a private fenced backyard. Ideally located just moments from the Garden State Parkway, this home is perfect for commuters. Whether you're an investor seeking a cash-flowing property or an owner-occupant looking to offset your monthly payments, this property is an excellent choice. The first unit is currently rented for $1,250, with market values ranging from $1,250 -$1,500. The second unit is rented for $2,500. The third unit is owner-occupied. Unit 2 & 3 have a market rental value between $2,500 -$2,700. Both the second & third units will be delivered vacant, offering immediate rental opportunities. This three-family home has the potential to generate a gross annual rental income between $75,000-$82,800. Don't miss out!
Location
State NJ
County Essex
Area Irvington
Interior
Heating Gas, Hot Air, Multi-Zone
Fireplaces Type None
Laundry Basement
Exterior
Exterior Feature Brick, Vinyl
Garage O/See Remk
Utilities Available Sep Elec, Sep Gas, Sep Heat
Waterfront Description None
View None
Building
Lot Description Regular
Architectural Style Other
Others
Ownership Private
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Lucas Wolf
Broker of Record/Owner | License ID: 0903676
Broker of Record/Owner License ID: 0903676