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$1,200,000
Est. payment /mo
12 Beds
4.5 Baths
4,300 SqFt
OPEN HOUSE
Sat May 31, 3:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $279
MLS Listing ID 3965371
Style 2-Two Story
Bedrooms 12
Full Baths 4
Half Baths 1
Year Built 1928
Annual Tax Amount $16,193
Tax Year 2024
Lot Size 7,840 Sqft
Property Description
Rare 4-family home located on a quiet dead-end street in one of Maplewood's most up-and-coming neighborhoods. This centrally located property offers easy access to town & train, making it ideal for NYC commuters. The building features 4 fully refurbished units with upgraded electrical systems, a 4-year-old roof, and a baseboard heating system that's less than 2 years old. Each unit has separate utilities for added convenience. The building is fully stabilized and comes with great tenants who consistently pay on time. Currently generating $126,600 annually, this turnkey operation has additional income potential from 2 unused garage spaces and basement storage. Don't miss the opportunity to invest in this prime location with strong cash flow and room for growth!
Location
State NJ
County Essex
Rooms
Basement Finished-Partially, Walkout
Interior
Heating Electric, Gas-Natural
Cooling None
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Aluminum Siding, Brick
Parking Features Detached Garage
Garage Spaces 4.0
Utilities Available Electric, Gas-Natural
Roof Type Flat, Rubberized
Building
Lot Description Cul-De-Sac
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by KELLER WILLIAMS REALTY