232 Stuyvesant Ave, Lyndhurst Twp., NJ 07071
- 7 beds |
- 3 baths
Multi-Family Home
Built in 1920
4,356sqft lot
—— car garage
$——/sqft
Listed 4 months ago
Property Description
Unique income producing 3 family plus 2 retail unit investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Fully leased building features 2 storefronts plus 3 apartments (Two 3 bedroom units (or 2 bedroom plus dining room) and a 1 bedroom unit), all fully occupied with favorable rents with 5.5% increases built in. Large piece of property with lots of parking in rear. Yearly income: $91,548 and Yearly Expenses: $23,026. "Bones" have been well maintained and units have in between tenants. Newer roof, furnaces, and water heater. Tenants pay own electric and gas, landlord pays heat and water. Potential to expand up or out in rear, buyer should do own due diligence with Lyndhurst Twp. Buyer responsible for obtaining C/O.
- Listing Status:
- Active
- Listing Office:
- LATTIMER REALTY : 973-575-1200
- MLS ID:
- 3942476
- Basement: FullUnfinished
- A/C: Wall A/C Unit(s)
- Heating: 1 UnitRadiators - Hot WaterGas-Natural
This listing courtesy of LATTIMER REALTY
Location
Schools Nearby
Jefferson School
336 Lake Ave, Lyndhurst, NJ, 07071
Grades 3-5
0.24 miles away
Lyndhurst Middle School
625 Page Ave, Lyndhurst, NJ, 07071
Grades 6-8
0.78 miles away
Lyndhurst High School
400 Weart Ave, Lyndhurst, NJ, 07071
Grades 9-12
0.41 miles away