Listing Notes
Attention Investors: Turnkey, cash-flowing multi-family opportunity!This solid brick, two-family property is in excellent condition with no known repairs needed a truly low-maintenance addition to your portfolio. refreshed in 2023. Located just steps away form the state building. The building boasts hardwood floors throughout and is fully occupied by outstanding, current tenants.Unit 1: A comfortable first-floor, 1-bedroom, 1-bathroom layout featuring exclusive access to a private backyard.Unit 2: A spacious, multi-level unit spanning the second and third floors. It features an eat-in kitchen, a large bathroom, and a generous living room accented with built-in shelves. The top floor houses two nice-sized bedroomsThe property includes a full, unfished basement. Tenants pay for their own electric, while the owner covers heat and water. With reliable rental income already in place, this building is ready to generate revenue from day one!
Price in context
Cheaper than 54% of the 24 homes listed nearby right now, which run $174,900 to $375,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 242 Centre St Unit 3 | $174,900 | 1 bd · 1 ba |
| 65 Asbury St | $175,000 | 2 bd · 1 ba |
| 45 Middle Rose St Unit J | $185,000 | 3 bd · 1 ba |
| 521 Mrtn King Jr | $198,000 | 4 bd · 1 ba |
| 26 Bond St | $244,000 | 3 bd · 1 ba |
| 134 Rose Ct | $249,000 | 4 bd · 2 ba |
| 351-B Union St | $249,000 | 3 bd · 3 ba |
| 21-B Iron Works Way | $249,500 | 3 bd · 3 ba |
| 498 W Hanover St | $249,999 | 4 bd · 3 ba |
| 431 Martin Luther King Jr Blvd | $250,000 | — |
| 202 Passaic St | $259,000 | 4 bd · 3 ba |
| 333 N Willow St | $265,000 | 3 bd · 2 ba |
| 284 Bellevue Ave | $275,000 | 6 bd · 1 ba |
| 242 Centre St Unit 4 | $275,000 | 2 bd · 2 ba |
| 249 Mercer St | $279,900 | 2 bd · 2 ba |
| 255 Clay St | $298,000 | 3 bd · 1 ba |
| 29 Carroll St | $299,000 | 3 bd · 3 ba |
| 16 Carroll St | $320,000 | 5 bd · 2 ba |
| 132 Jackson St | $325,000 | 3 bd · 2 ba |
| 315 Rutherford Ave | $329,000 | — |
| 304 W State St | $330,000 | 4 bd · 3 ba |
| 310 Bellevue Ave | $350,000 | — |
| 24 Sanford St | $369,000 | 5 bd · 2 ba |
| 146 W Hanover St | $375,000 | — |
Where it is
For sale Coming soon Recently sold— zoom out for more