49 Caldwell Pl 5, Springfield Twp., NJ 07081
- 8 beds |
- 6 baths
Multi-Family Home
Built in 1934
10,019sqft lot
2 car garage
$——/sqft
Listed 1 day ago
Property Description
Rare investment opportunity! This unique property offers FIVE income-producing units all on one parcel, making it an ideal addition to any portfolio. The package includes four 1-bedroom apartments with a passing DCA inspection plus a detached single-family home, providing a versatile mix of rental options to attract a variety of tenants.The four apartments are well-proportioned, each with a comfortable living room, bedroom with a flex room - office/walk in closet, kitchen and bath. The single-family home offers additional flexibility " perfect for an owner-occupant, or long-term tenant. Together, the property can provide steady rental income with the added benefit of diversification across multiple units. Situated on a single parcel, management is streamlined with one location to maintain. Whether you're looking to expand your portfolio or start with a strong investment, this property checks the boxes: multiple units, income potential, and long-term value. Located near shopping, dining, and commuter routes to NYC - tenants will enjoy easy access to everyday needs while you benefit from consistent demand. Opportunities like this don't come along often " five units, one property, and endless potential. 4 units are occupied - month to month, no leases, rent controlled. Home is not under rent control - needs tlc but has great potential. Separated utilites - natural gas, newer furnaces and hot water heaters, updated windows, roof. Owner pays water/sewer. Selling AS-IS.
- Listing Status:
- Active
- Listing Office:
- WEICHERT REALTORS : 908-735-8140
- MLS ID:
- 3983930
- Basement: UnfinishedWalkout
- A/C: None
- Heating: 4+ UnitsGas-Natural
This listing courtesy of WEICHERT REALTORS
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
James Caldwell Elementary School
36 Caldwell Pl, Springfield, NJ, 07081
Grades 3-5
0.07 miles away
Florence M. Gaudineer Middle School
75 S Springfield Ave, Springfield, NJ, 07081
Grades 6-8
0.64 miles away
Jonathan Dayton High School
139 Mountain Ave, Springfield, NJ, 07081
Grades 9-12
0.24 miles away