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Listed by Sean Phalon Corcoran Infinity Properties, Edgewater
$ 995,000
Est. payment | /mo
11 Beds
7 Baths
$ 995,000
Est. payment | /mo
11 Beds
7 Baths
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26037681
Style 4 Family
Bedrooms 11
Full Baths 7
Property Sub-Type 4 Family
Property Description
A special investment and owner-occupant opportunity! This legal 4-family property sits on an expansive 100 x 100 lot with a total of 7 bedrooms and 5 baths across 4 approved units. The largest unit is vacant, providing an opportunity for an owner-occupant or first-time investor to move in while generating income from the remaining apartments. Additional 3rd-floor bonus space includes 3 bonus rooms, 2 kitchenettes and 2 full bathrooms, offering flexible possibilities. The partially finished basement features kitchen fixtures, a full bathroom and approximately 1,000 square feet of additional storage. Exterior highlights include a 2-car detached garage, rear driveway, wraparound driveway with parking for 10 vehicles- a rare advantage for a multifamily property. Conveniently located near major highways, public transportation, City Hall and municipal offices. Ideal for both experienced investors and buyers seeking an owner-occupied income property with incredible potential.
Location
State NJ
County Essex
Interior
Laundry In Unit
Exterior
Garage Spaces 2.0
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