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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
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