Great Investment Property!! 10% Cap Rate!! Cash Cow!!! Your only other choice is to spend more to make less!!!! 2 Family home with finished basement with full bath and seperate entrance. Long term tenants have been living there for over 20 years. Property collects $4000 a month in rental income with only $6000 a year in taxes!!! Thats a nearly 10% 10% Cap Rate!!! 2nd floor unit has 2 bedrooms, and new flooring throughout. Complete tear off roof done in 2019.Can easily be a 3BR for additional rental income.1st Floor unit kitchen fully renovated in 2017. Basement fully finished w/ full bath in 2017.1st floor can also easily be 2 BR for additional rental income.2 car detached garage can be renovated for storage or rented for additional rental income. 2 car wide driveway, 4 car deep, parks 8 cars. Close to RT 1, St. Georges Ave,GSP, TP, Newark Airport, LInden Train Station and NYC.Dont miss this rare oppertunity to own a great earning, income producing property with low low low taxes in an upincoming town. Lots of new construction homes and business's in the area. 2 seperate hot water baseboard furnaces serviced every year with no issues. 2 Hot water heaters less than 5 years old. 2 seperate electrical panels. Tenants pay thier own gas and electric. Landlord pays water and sewar, less than $600 a year.
3829617
Residential Income - Multi-Family, Other
4
3 Full
1928
Union
0.1
Acres
Public
2
Vinyl Siding
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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