Maximize your portfolio with this exceptionally maintained fourplex?an ideal opportunity for immediate, strong returns in a high-demand rental market. Strategically updated and fully leased, this property is move-in ready and designed for minimal management hassle. Projected Gross Monthly Income: $8,500. Enjoy consistent rental demand and low vacancy risk thanks to… Read More its prime, commuter-friendly location. Effortless Management: Each unit has separate utilities, reducing landlord expenses and ensuring predictable net income. Additional Income Potential: The property includes a rare five-car detached garage. Two spaces are currently rented; the remaining three can generate up to $1,250/month extra income, instantly boosting your cap rate. Diverse Unit Mix: Offers 1, 2, and 3-bedroom layouts, including two duplex-style units that command premium rents and attract a broad tenant base. Turnkey Condition: Recently painted and updated interiors mean no immediate capital outlay?start earning from day one. Located minutes from Route 22, major employment centers, parks, and the town pool, this property combines stability, accessibility, and growth potential?perfect for investors seeking reliable cash flow with upside.Are you interested in viewing the current rent roll and expense reports for a detailed cash flow analysis? Read Less
Courtesy of BHGRE ELITE.
Listing Snapshot
Days Online
40
Last Updated
Property Type
Other
Beds
8
Lot Size
0.1 Acres
Year Built
1924
MLS Number
3993614
30 Days Snapshot Of 07205
$477k
0%
(avg) sold price
9
+125%
homes sold
104
+60%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
No
Building
Built in 1924
Cooling
None, WindowAC
Exterior Features
Stucco
Garage
5 garage spaces, Detached Garage
Water Features
Public Water
Heating
Gas-Natural, 4+ Units
Interior Features
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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