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Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2311188R
Sold Date 07/21/23
Originating Board CJMLS API
Year Built 1916
Annual Tax Amount $10,950
Tax Year 2022
Lot Size 6,599 Sqft
Acres 0.1515
Lot Dimensions 100.00 x 66.00
Property Description
Rare Investment Opportunity! 3 Family home, getting $5k Rent per month on time. Last unit's lease ends in October 2023. This 6 Bedroom colonial home is great for a fully stand-alone investment property or an owner-occupied homestead with substantial rental income. Second Floor unit is spread over two levels, including three rooms on the first level that can be used as bedrooms, living or dining areas, and a full bathroom and kitchen/dining room. The second level boasts two rooms that can be used as additional bedrooms or living space. First Floor unit features one-bedroom, full bathroom, kitchen, dining room, living room, and an office or sunroom, all with high-end wood interiors and upgraded bathroom. Basement unit offers a studio room, full bathroom, and access to a laundry room/kitchenette. Basement is accessible via a side or front door through the main foyer. Other features include electronic entry, open-air front porch, common entry foyer, 2 car driveway, 1-car breezeway/carport, garage at the rear of the property, a shed, garden area and eased solar. Low maintenance, average maintenance is $500/ month. Basement lease ends in April 23, First floor in September23 and second floor in October 23. If desired, the buyer will have the option to retain the current, highly responsive property management company
Location
State NJ
County Middlesex
Zoning R-6
Rooms
Other Rooms Shed(s)
Basement Full, Finished, Bath Full, Bedroom, Exterior Entry, Interior Entry, Utility Room
Interior
Interior Features Unit 1(3 Bedrooms, Kitchen, 1 Bath), Unit 2(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room, Den/Family Room), Unit 3(1 Bedroom, 1 Bath)
Heating Forced Air
Cooling A/C Central - All, Unit 1(A/C Central)
Flooring Unit 1 Carpet, Unit 2 Carpet, Unit 3 Carpet
Window Features Screen/Storm Window
Appliance Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven, Refrigerator), Unit 3(Refrigerator)
Heat Source Natural Gas
Exterior
Exterior Feature Barbecue, Patio, Screen/Storm Window, Door(s)-Storm/Screen, Fencing/Wall, Storage Shed, Porch, Private Entrance
Fence Fencing/Wall
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Asphalt
Porch Patio, Porch
Building
Lot Description Near Shopping, Near Train, Level, Near Public Transit
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 25010791700007
Ownership Fee Simple
Energy Description Natural Gas
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Jeffrey Lee
Broker Associate - Team Leader | License ID: 0683786
Broker Associate - Team Leader License ID: 0683786