Offered as part of a portfolio opportunity consisting of 11 properties in the North Jersey area, this 6 unit property sits just blocks from multiple major roadways and thoroughfares. All units are 2 bedroom, 1 bathroom setups with reliable tenants and an additional 2 car garage in the back for additional rental income. Approximately 1 block from Springfield Ave with Bus Stops, grocery and storefronts. 2 Blocks from Clinton Ave and only half a mile to the Irvington Bus Terminal making this an ideal location for tenants. Average tenant rental is currently approximately $1,000/Month. Fair Market Rates for Essex County are Approximately $1,600/ Month for a 2 Bedroom rental. Property must be purchased with the rest of the properties in the portfolio which includes the following additional properties: 108 Greenwood - Pequannock, 422 Halstead St - East Orange, 678 E 23rd St - Paterson, 609 E 24th St - Paterson, 235 Keen St - Paterson, 135 N 3rd St - Paterson, 30 Mattimore St - Passaic, 85 Grace St- Irvington, 1283 Clinton Ave - Irvington, 46 Montrose Ter - Irvington.
3797612
Multi-Family, Other
Essex
0.07
Acres
Public
3
Vinyl Siding, Wood Siding
Public Sewer
5,200
Sq. Ft.
6 Total
Interior Features
- Flooring
- Tile, Laminate, Wood
- Cooling
- Window Unit(s)
- Heating
- Gas Heat, Electric Heating. Baseboard.
- Basement
- Partially Finished
Exterior / Lot Features
- Parking
- Off Street.
- Exterior
- Vinyl
- Roof
- Asphalt
- Zoning
- Residention
Financial Considerations
Fee Simple
1609-00166-0000-00023-0000-
$14,043
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