197 Macarthur AVE Under Contract Save Request In-Person Tour Request Virtual Tour
Sayreville,NJ 08872
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $206
MLS Listing ID 2503254R
Originating Board CJMLS API
Year Built 1991
Annual Tax Amount $18,485
Tax Year 2023
Lot Size 0.418 Acres
Acres 0.4178
Lot Dimensions 175.00 x 104.00
Property Description
Incredible Investment Opportunity in Sayreville! Discover a prime investment opportunity with this well-maintained five-family property in the heart of Sayreville. This multi-family gem is designed for maximum rental income and tenant satisfaction, featuring: Modern Infrastructure: Enjoy peace of mind with a roof that's only 2 years old. Each unit comes equipped with its own separate furnace, water heater, gas meter, electric meter, and water meter, ensuring independence and efficiency. Spacious Living: Each of the five units boasts 2 bedrooms and 1 full bathroom, complemented by a generous living room and kitchen area. Updated laminated flooring throughout adds a fresh, contemporary touch. Convenient Amenities: All units feature washer and dryer hookups, enhancing tenant convenience and comfort. Each unit also benefits from 2 dedicated parking spots. Prime Location: Ideally situated close to parks, shopping, restaurants, and commuter routes, this property offers unparalleled convenience for residents. Revenue Potential: This investment is tenant-occupied, with some units currently renting at up to 20% below market value, presenting an excellent opportunity to increase rental income and capitalize on potential growth. Don't miss out on this exceptional chance to create passive income with a property that combines modern features, strategic location, and significant investment potential. Act now and secure your future in real estate!
Location
State NJ
County Middlesex
Zoning R-7
Interior
Heating Forced Air
Cooling Window Unit(s)
Flooring Laminate
Heat Source Natural Gas
Exterior
Utilities Available Electricity Connected,Natural Gas Connected
Roof Type See Remarks,Composition
Total Parking Spaces 10
Building
Lot Description Dead - End Street
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 19001690700010
Energy Description Natural Gas