
Description
Large Legal 3 Family in Irvington located in prime location! Whether you're an Investor looking for a positive cash flowing property or an Owner-occupant buyer looking for an opportunity to own a home in one of New Jersey's hottest NJ markets! This Legal three family income producing property with huge units offers all separate utilities, spacious rooms and a newly renovated basement with 2 rooms and a full bath! Unit One is 3 bedrooms/1 bath. Unit Two is 3 bedrooms/ 1 bath, and Unit three is 1 bedroom, 1 bath. Unit two is vacant and newly renovated - ideal for a buyer-investor looking for rental income to offset the mortgage costs. Current market rents are $1800-2500 for unit 1 & 2 and $1000-1500 for unit 3 total gross rent $4200-$6500 and you can earn an additon $1000-1500 if you include the basement with the 1st floor unit. Tenants are responsible for their own gas and electric utilities - landlord only pays for water. This incredible property is centrally located close to I-280, GSP & NJTPK, schools, shopping centers, houses of worship, trains & buses - a fantastic location for commuting to NYC and the bus stop is located in front of the house! The seller will only accept offers from direct end buyers (no wholesalers) and will only provide help with the closing costs for strong offers that are made over the list price.
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7BEDS
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0.09ACRES
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4BATHS
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01/2 BATHS
School Ratings & Info
Description
Large Legal 3 Family in Irvington located in prime location! Whether you're an Investor looking for a positive cash flowing property or an Owner-occupant buyer looking for an opportunity to own a home in one of New Jersey's hottest NJ markets! This Legal three family income producing property with huge units offers all separate utilities, spacious rooms and a newly renovated basement with 2 rooms and a full bath! Unit One is 3 bedrooms/1 bath. Unit Two is 3 bedrooms/ 1 bath, and Unit three is 1 bedroom, 1 bath. Unit two is vacant and newly renovated - ideal for a buyer-investor looking for rental income to offset the mortgage costs. Current market rents are $1800-2500 for unit 1 & 2 and $1000-1500 for unit 3 total gross rent $4200-$6500 and you can earn an additon $1000-1500 if you include the basement with the 1st floor unit. Tenants are responsible for their own gas and electric utilities - landlord only pays for water. This incredible property is centrally located close to I-280, GSP & NJTPK, schools, shopping centers, houses of worship, trains & buses - a fantastic location for commuting to NYC and the bus stop is located in front of the house! The seller will only accept offers from direct end buyers (no wholesalers) and will only provide help with the closing costs for strong offers that are made over the list price.
