Homes for sale - 197 Macarthur AVE, Sayreville, NJ 08872

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Jeffrey Lee

cnjhometeam@gmail.com +1(732) 991-0315

$1,550,000

Est. payment - /mo

7,500 SqFt

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UPDATED:

11/03/2024 09:14 PM

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

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Listed by GOLDSTONE REALTY

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Jeffrey Lee

+1(732) 991-0315

Broker Associate - Team Leader | License ID: 0683786

Broker Associate - Team Leader License ID: 0683786

197 Macarthur AVE Sayreville, NJ 08872

Jeffrey Lee

Jeffrey Lee

Key Details

Location

Interior

Exterior

Building

Others

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197 Macarthur AVE