South River, NJ 08882,3-5 McPherson ST
$720,000
Est. payment /mo
$649,000
10.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3,036 SqFt
SOLD DATE : 01/09/2024

Key Details

Sold Price $720,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,036 sqft

Price per Sqft $237

Subdivision Michael Jelin Lands

MLS Listing ID 2404852R

Sold Date 01/09/24

Originating Board CJMLS API

Year Built 1945

Annual Tax Amount $9,571

Tax Year 2022

Lot Size 5,000 Sqft

Acres 0.1148

Lot Dimensions 100.00 x 100.00

Property Description

Remarkable investment opportunity! Well-maintained 4-family, located in a commuter's delight! Rents are currently well below fair-market value; with a rental adjustment to current values there would be a substantial increase to net income! All 4 units are rented, and none have been vacant in over a decade! Don't miss out on this rare opportunity to own a trouble free, income-generating property! * $15,000 annual expenses include property taxes!

Location

State NJ

County Middlesex

Interior

Interior Features Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(2 Bedrooms, Kitchen, 1 Bath, Living Room)

Heating Forced Air

Cooling A/C Window Unit(s)

Appliance Water Heater(Gas), Water Heater

Heat Source Natural Gas

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Asphalt

Building

Lot Description Near Shopping, Near Train, Level

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 2300177000000003

Ownership Fee Simple

Energy Description Natural Gas

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Central Jersey MLS (CJMLS)
Listed by NEW JERSEY REALTY, LLC.

GET MORE INFORMATION

Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.