$940,000
$999,999
6.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5 Baths
3,528 SqFt
SOLD DATE : 08/29/2023
Key Details
Sold Price $940,000
Property Type Multi-Family
Sub Type Four Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,528 sqft
Price per Sqft $266
Municipality Milltown (MLT)
MLS Listing ID 22315158
Sold Date 08/29/23
Bedrooms 8
Full Baths 4
Half Baths 1
Originating Board Monmouth Ocean Regional Multiple Listing Service
Year Built 1898
Annual Tax Amount $20,258
Tax Year 2022
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 75 x 150
Property Description
Fantastic for any investor or even owner who wants to live in their unit and rent out others. This is a 4 family featuring 4 2 bedroom 1 bath apartments with a finished attic space featuring another half bath and more entertainment room which is a part of apt 2. Full basement as well. All paying tenants that have been there for a while with 3 of the 4 apartments being on a month to month lease and one locked in until November. All rents under market value so a lot of opportunity for new ownership to come in and increase NOI. Very cash flow positive bringing in a total of $7395 a month between all 4 together. Located in a great location close to all major transit shopping and good school district this is a fantastic opportunity to build your wealth in real estate!
Location
State NJ
County Middlesex
Area None
Direction gps
Rooms
Basement Full
Interior
Heating Forced Air
Cooling 3+ Zoned AC
Exterior
Waterfront No
Building
Sewer Public Sewer
Others
Senior Community No
Tax ID 11-00028-0000-00005
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