$560,000
$610,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
3 Baths
SOLD DATE : 10/07/2024
Key Details
Sold Price $560,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24014763
Sold Date 10/07/24
Style 3 Family
Bedrooms 9
Full Baths 3
Annual Tax Amount $10,318
Property Description
Welcome to an exceptional investment opportunity in Irvington, NJ, just a brisk 35-minute drive from vibrant New York City. This property, a cash-flowing 3-family gem, is tailored to meet the needs of both potential homeowners and discerning investors.Each unit within this meticulously maintained property offers generous living space, boasting a king-size bedroom along with two additional queen-size bedrooms. The kitchens are tastefully appointed with cherry hardwood cabinets and gleaming stainless steel appliances, creating an inviting atmosphere for culinary delights and shared meals.This property generates monthly cash flow, a testament to its income-generating potential. Furthermore, there is an opportunity to increase rental income by $800 to $1,000 per unit by renting at fair market value. This presents a lucrative prospect for investors seeking to maximize their returns.For prospective homeowners, this property presents an attractive opportunity to offset mortgage payments
Location
State NJ
County Essex
Area Irvington
Rooms
Basement Unfinished
Interior
Heating Gas
Fireplaces Type None
Laundry None
Exterior
Exterior Feature Vinyl
Garage None
Utilities Available Sep Elec, Sep Heat, Sep Water
Waterfront Description None
View None
Building
Lot Description Regular
Others
Senior Community No
Ownership Private
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