Sayreville Boro, NJ 08872,197 Macarthur Avenue
Sayreville Boro, NJ 08872,197 Macarthur Avenue
Sayreville Boro, NJ 08872,197 Macarthur Avenue
Sayreville Boro, NJ 08872,197 Macarthur Avenue
Sayreville Boro, NJ 08872,197 Macarthur Avenue
Sayreville Boro, NJ 08872,197 Macarthur Avenue
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$ 1,550,000
Est. payment | /mo

10 Beds

5 Baths

7,500 SqFt


Save
$ 1,550,000
Est. payment | /mo
Save

10 Beds

5 Baths

7,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Five Family

Listing Status Pending

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $206

Municipality Sayreville (SAY)

MLS Listing ID 22425777

Bedrooms 10

Full Baths 5

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)

Year Built 1991

Annual Tax Amount $18,485

Tax Year 2023

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 104 x 175

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

Area None

Direction Main St. to Macarthur Ave.

Rooms

Basement Slab

Interior

Heating Forced Air

Cooling Multi Units

Exterior

Garage Assigned

Waterfront No

Roof Type Shingle

Parking Type Assigned

Garage No

Building

Sewer Public Sewer

Water Public

Schools

Elementary Schools Wilson

Middle Schools Sayreville

High Schools Sayreville War

Others

Senior Community No

Tax ID 19-00169-07-00010

Monmouth Ocean MLS (MOMLS)
Listed by Goldstone Realty
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165 Passaic Ave, Fairfield, NJ, 07004, USA

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197 Macarthur Avenue